The place to stay for the rest of us
My wife and I booked this hotel when returning to Waikiki for the second time. It saved us $100 per night compared to the Hilton across the street and I much prefer the less pretentious feel of the place. The room is nice and clean. Our view is of other buildings and some surrounding mountains, but honestly, I don't spend a lot of time in the room when on vacation.
There is an IHOP next door, a local bar with great specials next to that, and you have close access to anything the Grand Hawaiian offers in their little shopping area (starbucks, benihana, kobe steak, etc.)
The shower/tub is tiny, but good hot water, there is a microwave, fridge, coffee pot, iron, high speed internet, flat panel 42" TV with about 75 channels or so.
No breakfast included. Bed is comfortable but not wonderful.
All in all, if I come back, I will come here again. It is exactly what we were looking for but for a much lower price, and removed from the noise of across the street at least by a hundred yards or so.