We stayed at the Tegucigalpa Marriott Hotel for the weekend. ($$$$, Boulevard Juan Pablo II, tel. 232.0033, fax 235.7700). It's a modern, high rise hotel located very close to the Mall Multiplaza. We stayed there Saturday and Sunday because they have a special weekend rate of $99.00. Since I had not seen my family for a long time, I sprang for the junior suite which was an extra $40.00. Being in a junior suite meant that we were automatically put on the concierage floor where there is a private lounge with free snacks and refreshments in the evenings and free mini-breakfast buffet in the mornings. The upgrade is definitely money well spent. The Napoc lounge located in the lobby is quite active on Saturday nights. During the weekdays, the room rates go up considerably...to $159.00! So unless you are on an expense account, there are other nice hotels that are much more reasonably priced.
For Sunday lunch we ate at Los Cebollines ($$$, next to the Mall Multiplaza, tel.232.0680). It's a Mexican chain restaurant with locations in San Pedro Sula as well as other Central American countries. The ambiance is nice and the food is quite good, definitely not your typical Tex-Mex fare. If you're in a group, I highly recommend one of their "meter" platters, which is quite literally served on a meter long wooden board with meat, beans, grilled green onions, sauces, etc.