Cheap hotels in Grachtengordel South, Amsterdam
The most elegant area within the city center, Grachtengordel South (also referred to as the "Southern Canal Ring") features opulent residences, mansion-lined streets and a hot nightlife scene. The area boasts both Rembrandtplein (the city's one-time butter market) and Leidseplein (a former horse and buggy drop-off point). Both squares have been reborn as hot spots for bars, clubs, restaurants and no small number of tourist traps.
Choosing a hotel in the southern canal ring will make things convenient when visiting Amsterdam, as you'll be close enough to the train station, and within an easy walk of most of the city's big sights. You should also consider hotels in the Western Canal Ring (or "Grachtengordel West"), which tends to be quieter.