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Same old question for posters asking about hotels - how much do you want to spend per night? Knowing this makes it easier to suggest a place to stay.

I guess "Andrew" means you are a guy. My suggestion is a hotel on or near the Skytrain route. This way you can use the Airport Rail Link if you are flying into or out of Suvarnabhumi.
http://www.urbanrail.net/as/bang/bangkok.htm

Swiss Park Hotel. Sukhumvit Road area. Easy and short walk to Nana Skytrain stop. Walk to malls, restaurants, nightlife and street vendors, etc.
http://www.swissparkhotelbangkok.com/location.htm

Sawasdee Sukhumvit Soi 8. Same Nana Skytrain area. Walk to malls, restaurants, vendors and a few beer bars too for a cheaper beer.
http://www.sawasdee-hotels.com/bangkok/sukhumvitsoi8/index.html

Only one night and part of a morning doesn't give you a lot of time for tourist things. Maybe pick a couple things that interest you and stick with those. Save other tourist things for another trip to Bangkok.
http://www.asiatraveltips.com/ThingstodoinBangkok.shtml

Flying out of Don Muang or out of Suvarnabhumi?

Edited by: CrazyAl

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Hello

Stay near BTS it's easy to travel around Centre of Bangkok :)
Nana is a good location for tourists there is near new the mall Terminal 21 and Gateway at Ekamai station , you can take BTS just 3 - 5mins to Siam Station and walk to Central World easily.
You can check out at this Hotel in Soi 13 http://www.citrus13bangkok.com/ it's between Nana and Asok BTS station in Sukhumvit area. the hotel is clean and have rooftop it's a new Hotel,there's many street foods restaurants near this area and you can walk to Terminal21 there have great cheap Food Court! :D