JW NOLA
Stayed here about 3 years ago. Nice hotel that is convenient to everything. Good lounge, but probably not applicable since you will be there on a weekend. Lobby had a few restaurants..
This is more of a convention hotel with two towers of rooms and expansive open areas. You might want to see if there are any conventions in town, because they may overrun the hotel.. At the rate that you qouted, it doesn't seem to be a high occupancy week.
enjoy.