La Casona De Mario
Super cheap option but still cute, in central/hipster area of La Floresta.
Good location as well, close to La Floresta (which is also close to our venue) and good prices.
Any Hostel en La Mariscal
The area Mariscal-Foch is also an option. These hostels will be cheap and are also relatively close to the venue. Just know that this area is quite touristy and hosts more petty theft. Cute area with lots and lots of restaurants, bars, clubs, and markets! Be careful walking at night, it's always better to call a cab!
Solera House Adventure Hostel
Historic Center, a bit farther from the venue but closer to tourist options downtown with beautiful churches and plazas all in walking distance. Still on the cheaper side.
La Casona de la Ronda Boutique Hotel
Very nice hotel, one of the best to stay in also in Historic Center. Great reviews, wonderful staff, very helpful with tours for extra days!
AIRBNB.com is also a great option in Ecuador! I would recommend La Floresta, La Mariscal, Parque Carolina, anywhere around Guapulo/Gonzalez Suarez, the Old town (Centro Historico) for neighborhoods to check out.