We were in building one, fourth floor, right past the elevator and yes, we could hear the ringing each time. It almost sounds like the DL train. Once we heard the "ding, ding, ding" we could look out the window and see the giant bucket tip over. The whole water area is really cool, they did a great job and the kids really enjoy it. It only runs from like 9 am to 10 pm, not during normal sleeping hours. And the view of the fireworks from our balcony was PERFECT! We were so close and it was so loud that you almost felt like you were in the park...and we could hear the music (not too loud, though). Anyway, the staff was fabulous, our room huge and parking plentiful. A very enjoyable Hojo stay, well worth the $74 per night Ent Rate.