I used to live in Portland so we haven't had occasion to stay in many hotels here. I was blown away by the cost of various traditional hotels when planning a getaway to PDX recently for a friend's wedding. We elected to go with the low cost option, and wondered why anyone would pay 2-3x as much to stay in a traditional hotel in PDX. The location was perfect, a parking permit was provided at no cost, the room was comfortable and clean, and although there was a shared bathroom we never, ever saw anyone else using it. Addtionally, the guesthouse was very quiet.
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