I have just returned from a week at the new Sheraton La Caleta, and I can highly recommend it. It is new, so there are one or two teething problems (air conditioning not 100% effective and some finishing required) but all the building is complete and the spa is now open. It is a healthy distance from los Cristianos and Playa de las Americas, but they are a relatively short drive away.

I stayed with my wife & 2 young children (3 & 2) and there was something for all of them to do - spa treatments for her and childrens club and several pools for them.

The beach is virtually non-existent (v rocky that part of the island) but there is a man-made one nearby which you can use, but is not an exclusive one for the hotel (one is apparently planned, but not complete).

The hotel is very airy, the club lounge very good, the restaurants are excellent (even the buffet restaurant for those on half board) and, currently, few package tour operators have it in their brochures (because it only opened earlier this year) meaning that there aren't many people there, and there are bargains to be had.

I would really have no complaints to make on this property - everyone from the bell boy, receptionist, waiters and waitresses were excellent, helpful and very welcoming.

Let me know if you want more information, but if you are thinking of going there I would rate it highly.