Right across the street from the beach with nice views and great breakfasts, this hotel offers reasonable rates. Head over to Allenby and Hayarkon for a nice little dining adventure, or, for something a bit more vibrant, head over to the Opera Tower shopping center. There's plenty to do in the area, but be sure and hit up the beach first. Take advantage of the free internet access, it's great if you're looking to remain in touch with friends and family at home. The hotel is street-side with transportation to greater Tel Aviv, so getting around will be easy. Try the restaurant for local tastes and a nice, warm atmosphere that gets lots of sunlight in the afternoons.

Golden Beach Hotel - Tel Aviv classifies itself as a 3 star hotel.
N.B. Please note that the star ratings are interpreted generously by the hotels in many countries