With a mix of shared rooms and luxury suites, Freehand Hotel Los Angeles provides a laid-back hostel atmosphere in the middle of downtown. Although the prices are comparable to that time you backpacked through Europe, the accommodations are not. Shared rooms can sleep four to six people in their custom cedar bunk beds, featuring hand-woven linens, privacy screens, reading lights, and en suite bathrooms. If the communal thing isn't your cup of tea, the hotel also has 167 private rooms, including a 745-square-foot Burroughs Suite with a king bed, living room, and sweeping city views. With restaurants, bars, a rooftop pool, and cafe serving the finest Nicaraguan coffees, there are plenty of other ways to socialize that don't require bunking with strangers.