Very clean, good wifi, hot water, good location (three min walk to beach), great pool, quiet, very friendly staff (English speaking), good A/C, comfortable bed/lots of pillows, good breakfast (Vegetarian options available).
Note: there are two Blue Waves hotels. This one is not the one that's directly on the beach. It's across the street from the beach (station 1), near the basketball court and "Pizza Treat," - up the hill a bit next to Homestead Hotel/Restaurant. For good food nearby, I'd suggest Yellow Cab Pizza. It's probably a 15 minute walk but it's legit, amazing pizza. Also, if you're coming from Kalibo airport, we used Southwest Tours for transportation from the airport straight to the hotel's door (600 php) - keep in mind that there's a two hour bus ride, ferry ride and taxi ride.