Regular tariff is $110... if you are online it's $58 (when we booked)... and that's great value. We booked 2 nights so we could be handy to the airport, and stayed 8!....The beds are very comfortable, the towels are soft and thick, the rooms are clean, and the staff friendly and helpful (English spoken). Sure, someone reported it as being 'run down' - 'weathered' would be better - but they were painting out when we were there.
The hotel is in the Marina, so there are millionaire's boats in front to make you feel rich, and it is away from the noise of downtown. Any sort of restaurant is close by, from the $5 comida corrida for the budgeters to the $30-a-plate high end. The Palapa Restaurant attached to the hotel serves the best tortilla soup we've ever had, and the chilaquilles are to die for.
If you want to walk to it from the airport, it would take no more than 20 minutes. The $10 cab fare is steep, as ever, but the bus outside the airport is handy - get off the stop after Plaza Neptuno (Whale sculpture on RH side) and walk 2 blocks to the right, and turn left at the waterfront - you'll see the hotel sign (illuminated at night).
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC