The only interesting place to stay in town is La Posada. It's the nicest hotel in town and easily has the best location for tourists. Its located just downtown, just yards from the int'l bridge. The rooms are fairly nice, with large balconies overlooking a bougainvilla-filled courtyard. There is also a pool w/a swim-up bar, a passable exercise room, etc.... The suites are only marginally more expensive than the regular rooms. The staff is quite helpful, and the restaurant isn't bad.
La Posada is a luxury hotel. You may have seen it in some moovies. If you can not stay there, just pass from there to have a look !
Directions: Laredo (US side), not far from the center and near the Rio Grande.
1000 Zaragoza, Laredo
98 Calle del Norte, Laredo
7220 Bob Bullock Loop, Laredo
110 Calle Del Norte, Laredo
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Address: 1000 Zaragoza, Laredo, Texas, 78040, United States