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Holiday Inn Austin - Town Lake Hotel Review: Set on the south shore of Town Lake, this 320-room hotel is a popular venue for brides and grooms. Weekends find the 3,000 square feet of event space filled with the members of wedding parties. On weekdays, guests tend to be business travelers who appreciate the convenient location --- the hotel is walking distance to downtown and just a short drive from the University of Texas and Zilker Park. Many guest rooms overlook Lady Bird Lake and the downtown area. All include free Wi-Fi, coffee makers and desks. Executive-floor rooms are oversized and indulge corporate guests with a complimentary breakfast buffet, drinks and a cocktail hour. Joggers will want to take advantage of the lake's hiking and biking trails. Additional recreation includes a heated pool and a private movie theater, complete with concessions.