After trying out at monkey Republic over the road and finding them full (not able to make reservations you just have to turn up and hope) we walked over the road to what looks like an expensive hotel. The guy working on the desk was very friendly and offered us a variety of rooms. We opted for the cheapest (twin) for $15/night. Originally for 1 night and then extended to 4. For this you get air con, TV, en suite bathroom, very clean throughout, rooms serviced daily if you leave the key with reception, a very spacious room and a full length mirror which I have been informed by my other half was very nice and comfy beds.
This is a fantastic alternative to monkey, I would say better if you want tv and aircon and maybe a little quieter. Hotel a 5 min walk downhill to serendipity beach and the pier to the islands. I would certainly stay here on a return visit. Thank you very much.