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Esquina Sureste Parque Central, Granada, , Nicaragua

The hotel was originally built in the 16th century, and in 1995 sensitively restored. The 21 rooms, on two stories, are built around a large courtyard open to the sky. The floors of the rooms are gold-and–terra-cotta tile with a patina of age. First-rate breakfasts and lunches (delicious French toast and fruit, fresh fried coconut shrimp, the largest double espresso ever) are served by an eager, friendly staff on the ground floor in a sunny-and-shadowy loggia next to a garden. And, especially at this straitened economic moment, the price is right: a double-occupancy room is $100 a night, and the El Duque suite only $147.

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Hotel La Gran Francia

The hotel was originally built in the 16th century, and in 1995 sensitively restored. The 21 rooms, on two stories, are built around a large courtyard open to the sky. The floors of the rooms are gold-and–terra-cotta tile with a patina of age. First-rate breakfasts and lunches (delicious French toast and fruit, fresh fried coconut shrimp, the largest double espresso ever) are served by an eager, friendly staff on the ground floor in a sunny-and-shadowy loggia next to a garden. And, especially at this straitened economic moment, the price is right: a double-occupancy room is $100 a night, and the El Duque suite only $147.