We spent one week at Monaco Suites and loved it! We had room 294, a one-bedroom suite, which I highly recommend specifically as we had a roof-top terrace that gives you a view of the whole island. No need to go to White Beach for sunset! In some units, the 2-bedroom is the top floor (with view deck), in others it's the 1-bedroom.

Breakfast is great. Staff is great. Decent and above average food menu, and room service arrives quite promptly. Gorgeous pool. Small but nice beach. Amazing views.

Summary of pros and cons:

+ quiet for Boracay (which has grown overly busy over the years), relaxing, lovely views and nice facility.

- expensive (we heard Agoda is the cheapest way to book and admit high season was part of the problem), shuttle to dmall required for access to White Beach and kitesurfing (Dmall is chaos and you have to plan for shuttles), toilets don't always flush properly.

We stayed for 5 nights over Xmas and Monaco Suites was well below expectations. Similar priced properties in Thailand/Bali are a far superior proposition. This place is nowhere near 5 star

Pro's: The property itself is very impressive and perfectly maintained, the rooms are large and quiet, and the view is one of the best in Boracay. They also have a very efficient airport shuttle service (this is a must) as well as hourly mini-bus to/from the beach (so the location is not an issue). The beach club & spa linkup in Station 3, room ammenities and fittings are not consistent with a 5* hotel, but the property does have everything you could possibly need.

Con's: there is only one restaurant - cheaply fitted, featuring tacky decor and music - average food, particularly the buffet breakfast that was always served on dirty tablecloths. Every staff member I met was aloof and not knowledgable (food / activities / room ammenities) and orders were constantly mixed up (not to mention, staff socialize in the public areas). In the room (231) the wi-fi barely works, there were unusual power-related noises in the night and outages in the day.

The online pictures are an accurate representation of the hotel but its a shame the experience was such a letdown sice we paid a lot of money and this was our annual vacation.

All in all a good stay. The strengths in the hotel are the following:
1) the pool is beautiful. I would comment however on the need for heating facilities particularly the jacuzzi. This would really assist the hotel as most of our stay it was windy and the heating facility would have made the experience more enjoyable.
2) the room service was outstanding. Our deepest thanks to Tess who made our stay very comfortable. Nothing was difficult for her at all. She treated our children with care, love and high nurture. We thank you Tess for making our stay enjoyable.
3) the breakfast was good. I felt perhaps the variety of food can be increased and more suited for breakfast dishes. It seemed as if there was more lunch options than breakfast options. All in all however, good quality food

The weaknesses:
1) the pool definitely needs heating facilities
2) the spa treatment needs much improvement. The masseuse was very good however the facilities was not high end to compliment a 5* hotel. The hotel definitely needs a spa treatment facility. My wife also commented on her pedicure and manicure as being of low standard also. My advice is to restructure the spa options to be more organised with proper facilities rather than unprofessional room to room service.
3) Not enough children friendly activities (heating facilities in the pool or jacuzzi would have definitely let our 6 month year old child stayed longer in the pool). Perhaps a further suggestion could be a playground or a child park with toys etc
All in all, a good stay. If management do the above, I am confident it would be on the highest level of resort in Boricay

Stayed Christmas and Boxing Day 2012. As with pretty much all customer service in the Philippines, service here is perfect - professional, friendly, helpful. The suite we had was large and the view, facing north and on the other side of Boracay from White Beach more than makes up for the fact that the hotel isn't on White Beach (there's a very efficient shuttle service anyway). It isn't a huge resort - maybe 30 or so suites, which makes it quiet but without being too quiet - there are still people around the pool, in the restaurant, etc. Good hotel gym facilities as well.