Hotel Palacio
You might look at the Hotel Palacio. I stayed in the Senior Suite in September and it was very nice. Two large rooms (20 ft cielings), large bed, minibar, large jacuzie, computer w/internet, balcony, and nice furniture. It is in the Zona Colonial, one block from the Conde( upscale shopping street) and was $118 US per night including tax. The service was excellent. The building is beautiful, old ( 1850 ? ) and formally owned by a former President (Baez). They offer a breakfast buffet for $8 US. They are adding a pool and there is evidence of some construction inside, but it is not all torn up. They do have a web site, just google Hotel Palacio. Enjoy !