I frequent MTY and here are my answers. Keep in mind these are my opinion and experiences so ymmv.
Is that a good hotel?
No, it's old and falling apart. There are other nicer hotels like the Kristal that's been renovated and in Macro Plaza.
I read about meeting girls down in the lobby, is this for security reasons? I would understand that but couldn’t we meet on my floor at elevators as to not advertise I rented company?
Kristal tolerates girls in my opinion but keep it on the low.
Does anybody have suggestions on an independent vs agency? Who or which one?
I would go with an independent who charges less and are truthful with their pictures. I would recommend Regina (
https://twitter.com/Regyayalha) she speaks decent English, has a great attitude and will fuck your brains out. Her rates are 1200 pesos for HR and 1500 for 1.5HR. She is MSOG, pic/vid friendly at no extra charge. Be nice to her and she'll return the favor.
Can I pay in dollars or do I need to get pesos? Where do I get pesos, at hotel?
Pay in pesos.
There are numerous ways to buy pesos. In the US, you can place an order with your bank (I bank with Chase) and they'll have it for you in about two business days. If you're driving, there are money exchangers on either side of the border. If you're flying, there are exchangers inside the airport (expensive though). There are numerous casa de cambio (money exchangers) inside centro (downtown).
Do I need to pack my own covers or do they provide?
Providers usually have covers but I would bring my own because I know what I like.
Not sure about venturing out very far beyond the hotel doors at night, is there a place nearby to browse the field?
Centro is sketchy so I wouldn't walk around at night. Macro Plaza is full of tourists so it's safe. If you can, you can take a taxi or uber to some teibols (strip clubs or tables) in centro to get a quick fuck.
I speak very little Spanish, is that a big problem?
Yes, unless you are with Regina.