The location and views are spectacular: Diamond Head, the beach, turtles, surfers, snorkelers, and city lights can all be seen from the balcony. The people watching from the lanai is the best! Let me reiterate, the views from the lanai can’t be beat!
It’s a short walk to the shops and restaurants (hundreds of them!) in any direction. Its a short drive to the Manoa Waterfalls and Pearl Harbor. You should make it a point to do both. We also recommend the Waiola Kitchen and Bake Shop in Manoa after you see the waterfall. Getting to/from the airport was really easy.