I attended a convention there at the beginning of November, and actually I had planned to stay at the Hilton Garden Inn Downtown, a few blocks away, but the reviews on TA made me pause, especially since a travelling friend bailed at the last minute due to health.
So on a Sat. before departure, I cancelled the Hilton without penalty (I had reserved with the Hilton system) I searched the web for a deal on the Sheraton. The best I could get was $200/night, but when I registered I enrolled in the Starwood Preferred Guest program (no cost, a few minutes of time) BTW,
this "deal" was on their website.
I checked in early in the day. I mention this because I think it may be relevant. I was given the offer of an upgrade. I wanted a view and they offered a high floor (43). I took that, and when I went I realized that I didn't get the river view, but I got Club access. This was a deal.
First, the room. They must have some rooms that aren't up-to-the minute according to other reviews, but mine was like walking into Pottery Barn. I loved it. Comfy bed and many pillows to boot. Also free water. (In the regular rooms, one is billed - $4.95, I heard) I could have stayed there for a long time. It was like home. (Our house isn't exactly Pottery Barn, but it's close enough that I felt very at home.)
The Club Access. That gives you breakfast (nothing hot though) and cocktail hour appetizers plus internet computer for free (free printing) plus the Clubroom had a fantastic view of the Mississippi. The wall facing the River was all glass, and the view was wonderful.
The value. A little expensive, but since it's deductible that makes it a little easier.
Safely. Right on Canal Street. Always busy. I walked a number on times after dark in the FQ alone feeling perfectly safe although I did sign up for a group tour of the FQ on Halloween, my first night.
Location. Good location. Near the FQ but not in it. Within walking distance to the Riverwalk which is very quiet...if not dead. I wanted to take a trolley to City Park but didn't find one, and I didn't want to pay the taxi. (24 out of 30 trolleys were put out of commission due to Katrina, according to a local.) In the opposite direction from the FQ is the warehouse district and the home of the WWII Museum, definitely worth seeing.