There is a good range of hostels and hotels in Manizales many of which are located in and around the Zona Rosa in the east of the city.
Due to the hilly nature of the city many hotels offer spectacular views over Manizales and the surrounding region.
The best luxury hotel in Manizales is Hotel Estelar El Cable. Located close to the Zona Rosa, you are within a few minutes' walk of restaurants, bars and shopping centres.
The hotel rooms are very comfortable and many have great views over the city. It also has a good gym and a restaurant with an impressive menu. Highly recommended!
Dining area of Hotel Estelar El Cable
Another great hotel in the main commercial and entertainment area is the marvelous Hotel Varuna.
The rooms here are heated, which can come in handy for the cool Manizales evenings. The hotel has a good restaurant and provides free on-site parking.
If you're looking for something closer to the centre of Manizales, a great option is Hotel Carretero.
The hotel includes a gym, restaurant and bar. It also offers free on-site parking and provides a shuttle bus service to the airport.
For a comfortable friendly hostel try Green Lake. It is a few minutes away from the Zona Rosa, so perfect if you're looking to sample some of the nightlife. The stadium is also nearby, so perfect for catching a game before heading out for some beers!
I found the staff here to be very helpful when I was planning excursions to the surrounding area. They also provide a decent free breakfast.
If you prefer something a little more central, a good option is Hostal La Gran Via.
The rooms are really comfortable and the staff there are friendly and helpful. The dorm rooms even come with Cable TV. There is a good common room with TV, perfect for meeting fellow travellers, and a decent kitchen.