There are moderate hotels, but hostel operators meet arriving flights and offer basic rooms, they'll also take you to their lodging - saves a taxi. Take USD cash. It's no bargain destination. Some credit cards accepted. Get to know Spanish if you need to use the phone operator. Enough English spoken (just) to get around. Rent a car to do the island circuit. Great place, take time to learn about the geography and history and enjoy it even more. Wish I could go again. (the runway is said to be an alternate landing ground for the space shuttle..)