Travelers on a budget will like this high-rise hotel in the heart of Waikiki. Part privately owned condo units and part spacious studio apartments, only the studios are available for rent. Each one has a complete kitchen, two extra-long double beds, and a small lanai. The price difference depends on the view. Tip: The best views are from floors 17 to 22. The hotel is just a half-block from Kuhio Mall and the International Market Place, and less than 2 blocks from the beach.