I wouldn't choose it again.
The place was reasonably priced through an online travel site, however I don't think I would return unless my next choice was twice the price. Here are a few reasons why.
Cons
Smelled like smoke - floors 7 and 15 I think it is, can smoke. Whether it was outside or not, I could smell it in my floor 16 room no matter if the balcony door was shut or not.
Room/hotel has weird odor - I think it's the cleaning products but it was so strong.
Little termites everywhere - on the fridge, the beds and anywhere else. There are little holes all over in the wood furniture.
Potentially dangerous wiring - we had to have them replace outlets in our room because they buzzed and didn't work half the time. There are wires for the internet that go under the edge of the carpet that should have been better concealed.
The freezer was broken - even when turned to the coldest, the lack of a seal on the fridge made everything melt.
You can hear every sound in the hall - especially in the mornings when the maids are cleaning, you can hear every little thing - the vacuum, doors shutting loudly, and people standing, waiting for the elevator. This was merely an annoyance but avoid the 16th floor if this could bother you. There will be people passing your door from 6:30am-9 for breakfast.
Pool is tiny - and COLD! It is open from 9-9 but it is extremely cold and the smallest hotel pool I have ever seen.
No wireless internet.
Balcony privacy - there is a nice railing so you don't fall off, however there is only a 3-4 ft wall between you and your neighbor's balcony. This could cause safety issues for your belongings if you store a bike out there but also does not give you any privacy to sit out there. If you are on the 16th floor, the floor above you clearly sees every bit of your balcony from above since theirs is back further.
Air conditioner does not circulate air - it is a window a/c that is on the floor at the end of the bed.
Complimentary breakfast consists of a mini plain bagel, go-gurt, and a drink. This is minimal compared to most hotels and for someone staying multiple days, this would be tiring and not exactly healthy. And face it - staying in this hotel in Waikiki, you are probably looking to save money on anything possible, including breakfast.
Pros:
Front desk was semi-helpful but at least friendly. Every time I walked in, they would smile or say hello.
"High Speed" Internet available in all rooms (but isn't this typical?) however it is sort of slow. Don't let their website fool you when it says 'most internet friendly hotel' I have been in other Waikiki hotels and their internet was typically faster. They do not inform you that they have ethernet cables available at the front desk and I almost went out to buy one.
Fair sized balcony and they let you store your bike out on it since there is no other place.
Decent distance to beach and right on the bus lines.
I would not probably choose this place again, but I did get a deal of $65/night for this stay. At regular price or anything higher than what I paid, there is no way I would return to this hotel. My stay lasted 15 days so I have a fair view of this hotel compared to others I have stayed at in the area and in general.