The Albergo Stella della Marina Hotel in Monterosso al Mare was adequate.  It is in a good location though I suspect that all of the hotels in Monterosso are in a good location since the village is fairly small.  Our room and bath were small but adequate.  The Stella della Marina does not have an elevator so we had to carry our luggage up 3 flights.  Fortunately our suitcases were small as we never count on their being a working elevator even if the hotel says it will have one.  The roof top terrace was very nice and the breakfast was on the hearty side so we could eat light at lunch.  The price was a bit high, but probably no higher than similar hotels in the area.  Our air conditioner worked well which was important since it was warm and damp when we were there.  The staff was very friendly and we were able to communicate with a mixture of English and Italian.