For the last 3 nights of our July trip to Nicaragua, we decided to visit the colonial city of Granada. After a lot of research, we settled on Hotel Spa Granada, which was originally the largest private colonial home in the city, but had recently been renovated and reopened as a hotel. A few days ago, it was actually featured on the Today Show as one of their top hotel bargains for travel this holiday season - you can watch a clip of the show here (HSG portion of the clip starts about 1 minute and 40 seconds in)! We actually spent our last 2 nights (more on that below) in the room they show with the pink bed.