Feel free to PM me if you have any other questions......
We go to Hershey every year and have gone for the last twelve years. We always stay at the Hershey Lodge.
Hotel Hershey v. Hershey Lodge
Cost - Hotel Hershey is more expensive.
Sits on top of a hill overlooking hershey park. Not walking distance IMHO to park. Lodge is also not in walking distance and is farther away - can't see park from Lodge.
Family Friendly - I think both are family friendly, although I think the lodge is more family friendly based solely on cost. More couples tend to go to the Hotel Hershey.
Restaurants - I can't comment on the Hotel hershey - we've never eaten there. As for the lodge. There are limited choices, depending on your likes. There is Lebbie's. They serve a buffet breakfast (around 12 dollars per adult - less per child) which is a traditional breakfast buffet - pretty good - nothing wonderful. Lebbie's also has a dinner buffet - we've had that once, again pretty good, nothing to write home about.
Another restaurant is Forebay Lounge - upscale, steaks, dress nice, etc. Pretty good.
They also have a cafe called the Beanery. Muffins, bagels, desserts, coffee. We eat breakfast there when we don't go to Lebbie's. Tables exist, but it can get very crowded. You can buy your bagels, etc and eat at the bars in the lobby or on one of the sofas. There are also a few tables outside on the patio.
One more restaurant is upstairs and they serve dinner and snacks. It is a bar atmosphere. At one point, they have a cigar thing going on. We have had drinnks there after the park and cheese platters when we go with other couples. Nice.
The last restaurant is Bears Den. Burgers, moz sticks, pub food, lots of large TV's and it is a sports type restaurant. We eat there at least once every trip. They also have a breakfast buffet here. same food as lebbies.
Staying at Lodge or Hotel allows you use of the busses. This is the most important reason that I stay at the lodge. The traffic can back up on busy days and it can take over an hour to park. I take the bus, go back and forth when we want. I have not waited more than 10 minutes for a bus, ever.
Also staying at the lodge or hotel allows you early entry. Although, most of the "big" rides do not open until 10 or even 10:30. I agree with previous post, the lines get long on the water rides, and we do them in the morning, go back to the hotel, and come back at night.