Here's where the journalists reporting from Tripoli, Libya are staying:
It's the Rixos al-Nasr Hotel. This article says rooms are $435 per night. And it says:
"Some would call it perverse, the idea that journalists are spooning the foam from their cappuccinos in the hotel's outdoor bar while precision bombs rip apart bunkers and probably soldiers just beyond the nearby trees. But life at the Rixos and at Bab al-Aziziya follows its own rules. Gadhafi's people escort the reporters to the hotel, and guards are posted in the driveway to prevent them from setting out on their own."
Photo from the hotel's web site.