Some Hotels are listed below (or see full list):

Hotel California
2341 Ash Street, Palo Alto, CA
650-322-7666
$80/night with breakfast
One bed in each room.
On second floor of building with no elevator.
Full-service kitchen
Marguerite shuttle service to campus and near the CalTrain

Cardinal Hotel
235 Hamilton Avenue, Palo Alto, CA
650-323-5101
$65/room (European style with shared hallway bath)
$125/room (single or double with private bath)
No breakfast, just coffee or tea.
6 blocks from the Marguerite shuttle and CalTrain station.

Mermaid Inn
727 El Camino Real, Menlo Park, CA 94025
650-323-9481
$76/single; $80/2 people/1 bed; $84/2 people/2 beds + 10% tax
Continental breakfast (coffee/tea, bagel/danish)
Marguerite Shuttle runs there 3 times a day.

Super 8 Motel
3200 El Camino Real, Palo Alto, CA 94306
650-493-9085
$78.88/single; $98.88 double
Continental breakfast
4 blocks from the Marguerite shuttle