There's nothing like the legendary Pink Palace of the Pacific, and an $85 million face-lift in 2009, the iconic hotel set on 14 acres of prime Waikiki Beach is a unique blend of luxury and tradition. Originally built for luxury-cruise passengers, the Royal Hawaiian—the second-oldest hotel in Waikiki behind the Moana Surfrider—is now outfitted with modern comfort amid historic elegance. A modern tower has since been added, but we're still partial to the romance and architectural detailing of the historic wing, with its canopy beds, Queen Anne–style desks, and color motifs that range from soft mauve to soothing sea foam. If you want a lanai for sunset viewing, though, rooms in the oceanfront tower are your best bet. As the original guests weren't interested in an ocean view after spending weeks on the high seas, the garden view rooms are the largest in the historic wing and they're less expensive.