Aside from a small but increasing number of accommodation options on Funafuti Atoll and one guesthouse on Vaitupu, there is little in the way of places to stay across Tuvalu. Wherever there are people, however, you'll probably find someone who will offer a roof and a meal at a reasonable price. There is one hotel, the government-owned Viaku Lagi Hotel , which overlooks the beautiful Funafuti Lagoon on Funafuti. You will get a room with lagoon views and a hot shower. A few guesthouses also operate, providing simple accommodation and meals for about half the price of the hotel.
Restaurants are virtually non-existent.
Unless you're in the middle of the main village on Funafuti, meals are only available at accommodation venues. Island-hopping within Tuvalu can get expensive unless you own a yacht, in which case, damn the expense, full speed ahead. Bicycle hire might raise this a dollar or two. There is no car hire facility. Arrive with Australian dollars in cash, or travellers cheques if you're staying at the hotel.