We go to Monterey a fair bit, and this is our new favorite hotel. Just a few minutes by foot from two of some of the best bakeries in the US (Alta and Ad Astra), on-site parking, incredibly comfortable beds that compare to fairmont/four seasons and other top properties, top-notch and exceptionally friendly staff, very clean and updated rooms and bathrooms with beautifully folded towels, this is the one! Just be advised: bring earplugs because you can hear neighbors talking. Aside from that, this is still our favorite, and hits way above its price class in pretty much every category.