This hotel is excellent for the price (I think I paid about USD 25 a night), and very clean and modern - I initially only booked for three nights, and thought I would give the Best Western or Novotel a try after that, but ended up staying a total of nine nights. The beach is very close by, and there are plenty of bars and restaurants on your doorstep - The Local has beers for 30 US cents, or if you're into sports there's one called Booze Cruise around 200 metres away that will basically play anything you ask for (NBA, MLB, NHL, NRL, test cricket and AFL).
The pool is a little bit small, the loungers didn't have cushions, and there's no poolside bar/resturant but that wasn't really an issue for me as a) there's a phone there you can use to order from the downstairs restaurant, and b) you can also go across the road to the Liberty Central where they have a fantastic pool and bar that you can use even if you're not staying there.
One thing to be aware of is that some of the cheapest rooms either don't have windows, or have windows that look directly onto a wall - I would avoid these if possible. Also it may not be obvious from the photos, but the rooms with balconies actually open onto an internal atrium, not to outside. Finally, when I was there there were a few families also staying - many of them with poorly behaved children - so if you're hungover it may be a good idea to go across the road for breakfast as the squealing/crying/screaming can get to be a bit much.