If you don't mind driving 40 mins from Santa Cruz, this is a real comfy place to stay with far more reasonable rates than the Monterey rip offs. It's the Pelican Point Inn owned by my parents
http://www.pelicanpointinn-santacruz.com/home.html. I will see if I can get reduced rates for Pelicanheads. Regular rates: Weekdays $130 Weekends $160 - I will see if I can get $20 off per night from those rates. Let me know if there is any interest.