I got a room at the le montrose in WeHo for 105 USd a nite. Large room, few mins walk to satan monica blv or sunset blvd which had buses running along every few mins.
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I too am staying at Holiday Inn Walk of Fame. I check in 24 August for 4 nights and paying about $600 from memory.
Can you tell me which direction it is to the subway as you said it was very close to your hotel.