The Sheraton Moana Surfrider Waikiki is an elegant hotel right at Waikiki Beach. Its large white pillars out front are very distinctive and it's sometimes called the The First Lady of Waikiki. Guests, tourists staying elsewhere and locals enjoy lovely verandas in front and back. Like the other Waikiki resorts, this is a popular wedding spot so you will often see limos and wedding couples right out front.
There is a Honolulu Coffee Company, one of our favorite coffee spots, that faces Kalakaua Avenue and is a great spot to people watch or watch one of the many special event parades.
And out towards the back, relax at the pool or at the beach. Either way, the view is beautiful.