What hotel should we stay at when going to Cedar Point?

for several young people looking for a hotel with in walking distance of a few decent bars, planning to stay 1 night, going back to the water park the 2nd day.

Well, I don't know about bars, but Hotel Breakers is an excellent hotel. You get early admission to CP and then its walking distance. I would recommend you going to the water park the first day, so you get early admission to CP the next morning. I hope I helped! Happy riding! I love CP! :]

http://www.cedarpoint.com/public/park/resorts/hotels/hotel_breakers.cfm