Value is important to me. I have stayed at Granada at least four times in the past three months and have loved it every time. The rooms are small yet beautiful. This is an intimate boutique hotel in which the owners have clearly paid close attention to the details. It's centrally located in downtown SLO and is in the heart of all the restaurants, bars and shops. I also found the hotel to be quite even though it's close to the action.
The Granada also offers a very good restaurant. Again, it's one of the best in town by far! Exceptional cocktails crafted by a mixologist (ask for Noah), and well portioned food. The menu offers enough variety without going overboard. If you're looking for an excellent place for a date, or an intimate dinner, this is definitely it. It's also a cool place to meet friends for great cocktails or happy hour.
This is a new hotel, and I think the Granada could improve on a few things: Service from the wait staff could be a bit better. They just need to pay a little closer attention to the small details of service. They do a good job, when they could be doing an exceptional job. I'd also like to see the beds have a thicker down comforter for the winter months, and softer pillows. The Granada also has slightly limited private parking which at times can be a bit of a challenge. They have an extra parking lot directly next door that guests can use, which proves to be a decent solution. I'd like to see priority parking, however, for guests of the hotel.
With all this said, I HIGHLY recommend the Granada! If you're looking for a relaxed, cozy experience, this is it. If you're looking to feel pampered, this is the place. If you're looking to impress your lady, come here. If you're looking for average or typical, this is not the place for you. The Granada offers a luxury experience without clocking you over the head with a hefty bill.