Fajardo Inn
860-6000, fax 860-5063. (http://www.fajardoinn.com) 107 rooms, many with great views. $90 - $250 per night.
Las Casitas Village & Golden Door Spa, The Waldorf Astoria Collection
El Conquistador Resort & Golden Door Spa
(http://www.elconresort.com/), highly over-priced min $200/night after the added fees, this resort-style accommodation is so far removed from anything else that you are forced to eat on site or drive for a relatively far distance. the service from the staff can be bad at times, and a overwhelming aura of apathy exudes from many there, especially at the front desk. check in/out is horrifically slow, especially if you feel the need to actually debate the random charges appearing on your bill that shouldn't be there. there are many other options in the area with equally nice views at a more realistic price.
Passion Fruit Bed & Breakfast
(http://www.passionfruitbb.com), po box 1161 fajardo 00738-1161, 1800 670-3196, fax 787 801-1633. around $100-$130 per night