The good: location, beds, and larger bedroom options (up to 4 beds in a room).
If not for the larger bedroom options, we would have absolutely stayed elsewhere for the money, as you're definitely paying extra for the location being walkable to the gondola. Continental breakfast was average for Tahoe motels.
The bad: weird building layout makes for a long walk from certain, including ours. Thin walls and ceilings. Little maintenance things (broken towel bars, janky windows, blinds) have seen better days.