I would have given this hotel 5 stars but for the internet speed. More on this later. The pluses are location, location, location. I stayed here with my wife and 3 teens in early July 2013. The location is fantastic. We stayed in a 2 bedroom suite with a kitchen. Tons of space and the room was quite and comfortable. The pool is great but is only 4 foot deep. That really sucks! There are over a dozen places to eat within 100 yards of your room. The hotel has a cookie place, ice cream, burger king, pizza (very yummy) a couple of deli type places and an Asian buffet place (Fire & Ice) that cooks the food in front of you. (Expensive, so I would recommend lunch @ $14) Across the street is a Mexican place, a subway and a bunch of other places. One block away is a Casino. The Location alone is worth the trip.
On the down side the Lake is a 5 minute walk (not too bad). Then there is the internet speed. I had several pieces of equipment that I tried to connect wirelessly through out the resort. The top speed I could get was about 54k. Dial up is 28k. My 3G through verizon was 100x faster but the service in the resort area (and all of Lake Tahoe) is spotty. The internet was free, but even Holiday Inn has free internet at 3G speed.
One last thing. We stayed here the week after the 4th of July and the place was pretty slow. I requested a room with a view and got a view of the valet parking courtyard. Although we spent little time in the room, I would think they would place the guests in a room with a view when requested and especially when the hotel is not close to being full.