I don’t know if it’s a sign of the times, but there are some good last-minute deals on hotels for Midem 2009. If you want to stay in town, you can find good rates at the Amarante Cannes (photo) which is located on Boulevard Carnot, with double rooms under €500 for 4 nights. A few doors away, the Residence Excel Suites also has rooms just a little more expensive. And if you can fit it onto your expense account, why not spend a few nights at the Majestic Barrière for once (under €2000)? You’ll wake up literally in front of the Palais.
Further from town, the Mercure Cannes Mandelieu has rooms for under €300 for four nights. There are still cheap rooms available in Mandelieu and Juan-les-Pins. If you are coming with a number of people, you should try the popular Cannes Beach Résidence in La Bocca. They have studio apartments at under €250. Click through and search around.