The latest entry in the McMenamin brothers' Portland empire, this rock 'n' roll guesthouse is just across the street from the Crystal Ballroom, a century-old live music venue downtown. The 1911 building has seen uses as a glove factory and a tire shop, and now houses a hotel for music lovers. There are rooms named after famous musicians who have hit the stage at the Ballroom, including James Brown and the Portland-based Decemberists, and lyrics written on the walls. Best of all, staying here gives you same-night access to otherwise sold-out shows. Al's Den in the basement hosts more live music, and the saltwater soaking pool is a great spot to unwind after a long evening at the club. Like all McMenamins' properties, it's heavy on the whimsy and light on the luxuries (some rooms have shared bathrooms), but perfectly comfortable and inexpensive for being smack in the heart of the city.