The girlfriend and I wanted a cheap experience in South Beach, Miami. We found a reasonably priced one bedroom (queen bed and a pullout couch) apartment a block from the beach with tons of restaurants and bars nearby. If we got a room in any of the hotels down the street, it would have cost double to triple the rate. We used some of the money we saved from not getting a hotel for a rental car and were able to get groceries and tour the rest of Miami on our own. We were pretty lucky to find the apartment that we did, it was recently renovated, was spotless, and the owner was the nicest person ever. The major selling point was just the price and the ability to have our own kitchen, something you usually don't get unless you upgrade to a huge room. We could have easily split the cost with another couple and saved even more but the place was just right for us. I would get the same place again if we ever go back. My parents are a fan of the hotel experience, they have the money to afford it. We could have too but we valued the "living" experience more than the "visiting" experience.