The vast majority of accommodation options on the island close from December to late April. In summer, prices are high, half-board is often compulsory and reservations are required many months in advance. There are plenty of midrange and top-end options to choose from, but there's much to be said for choosing a hotel with private beach access and its own restaurant(s). If visiting in August, this will allow you to cut down the amount of time you spend in traffic jams on the roads.