Although I have attended conferences, eaten in the restaurant and met people at the La Fonda Hotel, I have only spent the night there once and that was many years ago. The biggest advantage of the La Fonda is its convenient location at the southeast corner of the Plaza. This has been true throughout its long history. Not only is it a good meeting place, but also the hotel parking is cheaper than the city lots (e.g. $2.00 vs. $3.60 for two hours).
There are many interesting and unique shops in the La Fonda. Don't miss the ones along the underground hallway to the south. Theme: HotelComparison: more expensive than averagePhone: 505-982-5511 or 1-800-523-5002