Having never been to Como or Bellagio, we relied on Trip Advisor to select the Hotel Bellagio. DO NOT be afraid of the 38 steps!!! Bellagio is ALL cobblestone steps and after about 10 minutes 38 steps is nothing! We love the beautiful boutique hotels (but high end) and this did not disappoint. It's a perfect location and just up the steps from the little main street with sweet little shops. This hotel (the town is after all all up and down steps) has extremly modern and green technologies, has a fantastic view, wonderful breakfast and is airy, bright and very clean and new. We just loved it. It has such a freshness compared to the brocade, over-dressed hotels with heavy drapes, etc.
It's a great price -- especially if you go with the reduced rate but non-refundable. You will love it -- it's really perfect for all ages and all price ranges. You will also receive a 10% discount for the Hotel du Lac restaurant next door -- a very good choice by the way and part of the Hotel Bellagio, du Lac and Sporting Club group.
The only negative was that the young people at the desk were rather indifferent. The young man with glasses was helpful with restaurant recommendations, but the young women were for the most part very aloof and not in the least engaging. The young man who was responsible for preparing the breakfast and logistics was, however, kind enough to make sure coffee was available for me by 7 am (it opens at 7:30) and those croissants will live forever in my memory!!