We just spent four nights at La Fonda and had a wonderful experience overall. The hotel is in an excellent location and is full of southwestern ambiance and charm.
We went with my mother and had two Deluxe King rooms for a very good price. But, you must be aware that some rooms have been updated/remodeled and some have not. Our room was newly remodeled while my mom's next door was not, but we paid the same price. So, when making your reservation and when checking in, make sure you specifically ask for a "remodeled" room.
The concierge staff was excellent! The parking garage was convenient. The main restaurant was good and reasonably priced (but there are many excellent restaurants around the plaza area).
My only complaint was that the King size bed, which was very comfortable, was extremely high and difficult to climb into. This could be a challenge for some people.
I would recommend this hotel and stay here again.