los jamos playa hotel -los pocilos lanzarote- (peurto del carmen couple mins in taxi- 4Euro or 20 mins walking).This is a lively resort= where los pocilos a bit more low key= but still had a good scattering of bars/restaurants- but this suited us- peaceful during the day= lively at night.

Not cheap by any means - but a gorgeous hotel-& food - breakfast/half board/ a/i. Dinner waiter service.

Overlooking the sea

Its either 4 or 5 star (forget rating-) but best hotel we have been to in canaries- and we have been to tenerife- grand canaria- lanzarote-and feurventura.

Belly

we are the same age group, we stay at riu clubhotel paraiso its a stroll into puerto del carmen 4* all inclusive a nice hotel,
i have also stayed at the esmeralda hotel that is now the lubay hotel in tenerife in costa adeje although a nice hotel there are also some other hotels in the same area that are a lot more expensive, if you are looking for 5* check out jardines de nivaria.

Princesa Yaiza in Playa Blanca, Lanzarote. B&B or half board. Arguably the best hotel on the island.
If you go to Lanzarote I certainly wouldn't recommend AI. It is a 'work in progress' (compared to the Caribbean countries who really can do AI) and there are far too many good restaurants on the island to have to put up with anything less than great food.