These are the top ranked hotels in Yantai — Golden Gulf Hotel, Orient Haitian Hotel, Ramada Plaza and a 4 star hotel Marina Hotel.

Golden Gulf Hotel 金海湾大酒店
34 Haian Lu
海岸路34号
phone:  +86 535 6636999

online reservation: http://www.goldengulfhotel.com/english/index.asp

comment:  Great food, western, Japanese especially. It’s a good choice to stay at when you are interested in sightseeing the city on the water.

Orient Haitian Hotel 东方海天酒店
12 Haiyun Lu, Laishan District
莱山区海韵路12号
phone: 86-535-6888199

online reservation: http://www.ohh.cn/en/index.asp

comment: The newly built 5 star hotel. Nice view and luxuy rooms. The rooms are pricy but they worth that much imo.

Ramada Plaza
No. 10 Aucma Road, Laishan District, Yantai, Shandong 264003
华美达广场大酒店
山东省烟台市莱山区澳柯玛大街10号
phone:  86-535-2988999

online reservation:  http://www.ramadaplaza-yantai.com/en/

comment: The famous franchise hotel. What can you expect more from it?  The only cons here is its off town.

Marina Hotel 滨海国际酒店
128 Binhai Bei Lu
滨海北路128号
Phone: 86-535-2129999

online reservation: N/A

comment: It has the best view of Yantai. You can see the whole town up there. I highly recommend you and your friends to try the 360 restaurant. All the beatutiful pictures were taken on there.