Jay, I was there not too long ago and stayed at the Breakers on site. It was pretty nice and not overly expensive compared to staying a bit farther away. What I liked the best about that hotel was the fact it was quick to get to when it downpoured on us the first hour or so we were in the park. Also great if you want to take a little break from all the roller coasters before round 2. Another plus is that its on the beach of the lake erie which provides another amenity for entertainment. The hotel has a TGI Friday's, a hibachi restaurant, and a Perkins in it and as i recall they weren't grossly over priced. the hibiachi place was actually quite good for dinner. The Breakers also has discounts on tickets for the park and water park as well so I would check them out.