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Bangkok Hotels - Yes, Even After Multiple Bangkok Stays, We Need Your Input

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We will be in Bangkok for 3 nights in late February. All else being equal, we would stay at the Penn for its breakfast by the river, its stunning views from its Grand Deluxe rooms and its great service. However, the best rates that I can find are in the $450/nt range (all inclusive with breakfast and taxes). The Krungthep Wing of the Shangri La is half that price on Agoda and, of course includes evening cocktails and canapes in addition to breakfast. I have read reviews on tripadvisor that the rooms are getting kind of tired so I'm wondering if this is the way to go. The other 3 places on the river - Marriott, Sheraton and Oriental don't seem to offer much more but I am open to suggestions. Any feedback on recent experiences? Not trying to start a debate on which is best - only to get an update on which hotels have been recently renovated or are undergoing renovations (and are best avoided) and what hotel offers the best value when breakfast is included.

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