The Rates at Hotel Monaco & Grand Canal

"Several lounges feature windows on the canal, and the bar service, restaurant, and breakfast move out onto a canal-side terrace in warm weather (in winter, a piano bar operates in an inner lounge warmed by an open fire)"

"The best and most expensive rooms face the Grand Canal, while the worst of the small Standard units are crammed up against bleak walls"

"When the main hotel is full, you might be assigned a smaller, darker room in the adjacent annexe, not quite worth the posh price tag"

"Online prices can be as low as €150 out of season, but expect to pay up to three times as much in summer"

"The nearby (and comparable) Hotel Saturnia & International is often a bit cheaper, but it lacks Hotel Monaco's waterfront setting"