I come here in May every year for 2 nights as it it provides a room to the very Patong to visith the very large shopping center Jungceylon where you can find Robinsons a Mega Department store and BigC and very large Supermarket. There are also 1000 thands of smaller retailers in there to browse. I caan spend 3 hours in there easily without getting bored. One can also walk and shop outside on the main streets of Patong for bargains...., do not be afraid to bargain and walk away as they ask for too much. Usually they won't let you off, so start with a ridiculously low offer, if they let you walk, then you are too low, you do not loose face, if you now offer 20 Baht more. Be careful, a real genuine Ray Ban is not really the case and the asking price of 5500 Baht is inflated by 1000%. Comparing anything to Australian or European prices and you pay far too much.
Back to Lae Lay, the facilities there like the shower head, towel rail , toilette paper holder have turned rusty and the shower is not the best. It works, sort off, the room is spacious and the pool just outside. There is a problem with guests from another part of the Hotel 'nesting themselves' in the pool area which should be reserved for guests with access to the pool area. They can be very noisy and stay til late at knight. Hotel Squatters come to mind.
For a short term stay OK, longer term...., may be not.