Hotel Dos Mundo is a high valuable choice for those looking for a comfortable and relaxing midrange place to stay in Panajachel. I spent at this hotel one night in Nov 2007. Location is superb, on the tourist main street, only a couple of blocks away for the lake shore. Rooms are located in an internal courtyard, away from the main street; you will be in the middle of the action but without the discomfort in term of hustle and bustle that usually comes along with central locations. My room had no-frills with basic furniture and firm bed. Bathroom ok with powerful and fulfilling hot shower. Both room and bathroom were very clean. Setting is nice with a lovely pool and a well maintained garden. Service was also no-frills but courteous and helpful. Breakfast, included in the room rate, was on the low-end side and you will likely want some integration that comes at extra cost.
All in all good value for money. I believe the hotel is a little overrated at four-star, but for the US$50 I paid, value for money was definitely high grade. Hotel Dos Mundos has basically all what it takes for an enjoyable and relaxing stay in Panajachel. I would consider stay here if back to Panajachel and would recommend it to friends and acquaintances.
Directions: In the main avenue of Panajachel, few blocks from the lakeshore.
We didn't book any reservations for the entire trip, but when we arrived in the afternoon in Panajachel, I did worry whether or not we might find the price/quality combination wanted. As it turned out the Hotel Dos Mundos, while a little more pricey than we hoped, provided an excellent location with the peacefulness of a garden retreat. The hotel provideds full services and has a beautiful swimming pool and garden area. The room was clean, had tile floors, and was decorated with Guatemalan fabrics around the windows and on the bed, the latter of which inspired us to get out and buy for a guest room back home. We arrived two nights before New Years, and were unable to book New Years Eve itself, so we had to move elsewhere for a night. Of the two places we stayed this was by far the most pleasant; however, it was 50% higher in price too. Panajachel has plenty of accomodations, as it turns out, so its pretty safe to skip the reservation hassle and bargain when you get to the hotel lobby. If planning a honeymoon, this place would likely be good for its reservation upon arrival though.
Unique Quality: The Spanish Colonial motif in the individualized cottages was very nice. The arrangement of the cottages tucked back off the main street in Panajachel provided both immediate access to the action in town and on the lake, but also a relatively quiet retreat.
Directions: Fairly close to the lake front, on the main drag. See the website below. I think that we were able to get a better deal than the website reservation.
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Address: Calle Santander, Panajachel, Lake Atitlan, Guatemala