This mid-range all-inclusive on Bávaro beach has immaculate grounds, a friendly staff, unmemorable food (the Japanese hibachi isn’t bad, but you need to reserve it early), and slightly worn but nice rooms. All the jr. suites are largely similar, saving that those called “Majestic” (facing the pool) and “Ocean Front” (on the third floor, with terraces) keep their Jacuzzis out on the balconies rather than in the bathrooms.
Nearly half the accommodations are part of the “Colonial Club,” an exclusive, adults-only hotel-within-the-hotel featuring two private pools with Bali beds, private bars with premium drinks, an exclusive restaurant, butler service, free Internet, and various other special and upgraded amenities. As this usually costs little more than a regular room, it is a worthwhile upgrade. 
Check the website for occasional specials, like throwing in complimentary greens fees at a nearby golf course with stays of five nights or longer.