Overall our stay at the Ala Moana suited our needs. The walk to the beach is less than 10 minutes, and there are a few near by restaurants above the shopping center on the 4th floor. The view from the balcony is nice, and the hotel pool is great. This was our 2nd stop in our 2 week honeymoon prior to our last stay in Maui. We chose this as our 2nd spot with hopes that we'd catch the Friday night Hilton fireworks, however those were blocked by an adjacent hotel. We were a little disappointed in the Ala Moana center, it's mostly filled with high end luxurious stores. We found ourselves making the 25 minute walk to the downtown Waikiki area most nights as this is where most of the night life exists.
The room itself was clean, the bed was comfortable, the AC worked and the hotel itself is very nice. If you're ok with walking a bit, then this would make a nice place to stay.