This is a great bargain for frugal travelers. You can't miss the Royal Grove -- it's bright pink. Among Waikiki's canyons of corporate-owned high-rises, it's also a rarity in another way: The Royal Grove is a small, family-owned hotel. What you get here is old-fashioned aloha in cozy accommodations along the lines of Motel 6 -- basic and clean. For years Frommer's readers have written in about the aloha spirit of the Fong family; they love the musical evenings and get-togethers the Fongs have organized so their guests can get to know one another. And you can't do better for the price -- this has to be the bargain of Waikiki. For $125, you get a clean room plus a kitchenette or kitchen with refrigerator and stove.
The hotel is built around a courtyard pool, and the beach is just a 3-minute walk away. All of Waikiki's attractions are within walking distance. Tip: There are minimum stay requirements at certain periods of the year. Check.