No longer the backpacker haunt it was in 1979, when it was opened by an American expat and his Cuzqueña wife, Gringo Bill's is still one of the better-value accommodations in Aguas Calientes. Spread out over three floors and cutting into the hillside just off the Plaza de Armas, there are several patios and terraces, plus a lounge bar with a fireplace, a restaurant, and a small outdoor pool. Plants are everywhere. The vibe is about as chilled out as you’ll find. The rooms, ranging from doubles to five-person family suites, are pretty basic, but there are decent views of the mountains, all of the in-room amenities of the pricier hotels, and spaces that are kept clean. Staying for a few nights is usually good for a discount. English-language books and magazines are available.