Hotel VegasvsPlaza de Armas Hostel
Both properties are recommended by those who travel for a living. On balance, Hotel Vegas ranks marginally better than Plaza de Armas Hostel. Hotel Vegas ranks #27 in Santiago with recommendations from 5 sources like Lonely Planet, Frommer's and Rough Guide.
Hotel Vegas
 Frommer's
 Fodor's
 DK Eyewitness
 Rough Guide
 Lonely Planet
Londres 49, Santiago Centro, Santiago, Chile
From $66/night
- Bar/Lounge
 - Free Internet
 - Free Breakfast
 - Laundry Service
 - Air Conditioning
 - Breakfast included
 
 "On a calm, cobblestone street, the popular Hotel Vegas stands out for its distinctly Chilean feel, traditional decor, and bargain rates." Full review
 "This colonial-style building, adorned with a bullet-shaped turret on the corner, sits in the heart of the charming Barrio París-Londres." Full review
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Ask for one of the two double rooms with a sitting room inside the turret so you'll have a view of gently curving Calle Londres.
 "A funky, 1970s-era hotel with an English-tavern decor, Hotel Las Vegas is housed in a converted mansion on a charming cobblestone street." 
 "A national monument, in the quiet París-Londres neighbourhood, the Vegas is a good mid-range choice." 
 "Apart from some travelers' complaints of noise at night, this antique building in the classy Barrio París-Londres has a lot going for it." Full review
Plaza de Armas Hostel
 Frommer's
 DK Eyewitness
 Rough Guide
 Lonely Planet
Compania de Jesus 960 dp 607, Santiago, Chile
From $14/night
- Free Internet
 - Free Breakfast
 - Laundry Service
 - Concierge
 - Multilingual
 - Breakfast included
 
 "You couldn't ask for a more evocative view than the one from this pleasant, well maintained backpacker's hostal." Full review
 "Overlooks the grand Plaza de Armas from the sixth story of a late 19th-century apartment building, with spectacular city views." 
 "This gem, on the sixth floor of a building hidden within an alleyway filled with fast-food joints, has a prime location on the Plaza de Armas." 
 "Sports tiny dorms and a well-equipped communal kitchen. Great balconies with views over Plaza de Armas make up for the run-down facilities." Full review