We stayed at the Savannah House after seeing the Sight and Sound performance and was very happy with our stay. It is within walking distance of sight and sound, however it was rainy and we decided to drive. The hotel was very quite and the staff was very friendly. We even had one of the staff take a picture of us out front of the building! In the evening when we returned from the show they had dessert with cobbler, ice cream and other items. When we woke up for breakfast there was scrambled eggs, biscuits and gravy, donuts, juice and other items. They had a late check out which was nice, although we didn't end up needing it, it is still a nice option.
It can be a little out of the way, depending on where in Branson you are wanting to see. But it is easy to find, easy to get around and it's actually nice being a little out of the way to avoid the noise of traffic.
I would strongly recommend the Savannah House