We arrived in Santa Cruz on 7/03/06 and had a 7 hour lay
over before our flight to Cochabamba. We needed a hotel to
stay in for one night on 7/20/06 on our way back to the US.
We had a taxi take us into town to check out a nice hotel
to reserve. We told him to take us to Hotel Bibosi (taxi charged
us $7 american dollars, its a good idea to have some bolivians on you when you arrive). There was no review on this hotel, so
I wanted others to know and not waste their time. We had heard Bibosi was clean and inexpensive from one website. We were family of four with two small children. The taxi driver didn't want to
take us there (said its not good), this was not a good sign. He dropped us off at Hotel Chanciller ($55 a night), but it was not that great either. Look cleaned, but old and small hotel. We walked over to Hotel Bibosi. It was a few blocks away in the center of the city (not a good area). It was one row house by itself. It was very run down and very unpleasant looking.
This is like a hostel (for a single guy) not a hotel and definetly
not for a family.

We got very lucky in finding out about Hotel Cortez from a travel agency in Cochabamba. It included round trip transfer from the hotel, very nice room (separate area for queen bed), beautiful bathroom and a resort-like setting. The pool was closed, but the patio in the back was beautiful. Even had a playground for the kids. We had an early flight and they had breakfast ready for us at 6am with transfer ready by 6:30am. It was only $50 a night and was in a great area for walking/eating dinner the night before.
Will definetly return there for a longer stay next time!!:)