The traditionally backpacker-oriented "Lost Iguana" is part hotel and part summer camp. It hasn't forgotten its roots, but has upgraded some of its offerings, which range from simple to splendid. The restaurant ($) serves up good family-style meals, and the dormitory rooms can hold up to eight of your traveling companions. For a bit more privacy, choose one of the stone-floor, thatch-roof bungalows—each has its own balcony—lit with kerosene lamps. (Even the nicer rooms
are a good value.) Guests tend to be fairly young—most come for scuba-diving courses. You can also choose between Spanish, art, or weaving classes, too. Stop by for the Saturday-night barbecue, even if you aren't staying here.
Santa Cruz La Laguna, Santa Cruz La Laguna, 07014, Guatemala
/5706–4117; /7762–2621-in Panajachel