Went stayed for 6 nights during our honeymoon and it was awesome. We didn't want to spend a lot on the hotel since we had so many tours and excursions planned and knew we wouldn't be there much.
Pros - Awesome customer service no matter what time of night we came in. Staff was so friendly and had good tips on tours and bus routes. Also, the hotel is 5 minutes (or less) walking distance to Condado Beach. Walgreens and a strip of restaurants and small bars are just around the corner. Housekeepers were always prompt with cleaning and service. Also, though it's not a resort, you are in walking distance of La Concha (we took advantage of the free drinks in the casino and of course the casino itself) and the Marriott (which has a Casino as well and salsa night on Friday and Saturday...we got to see a live band and danced!).
Cons - a bit older and our room was on the smaller side. If you want bigger, I'd say go for the penthouse suite.
I'd highly recommend if you're looking to not spend much on a hotel!