Let KAYAK do the searching
Based on KAYAK hotel searches, the most popular destination is Angra do Heroísmo (92% of total searches to Terceira). The next most popular destinations are Lajes (4%) and Praia da Vitória (2%). Searches for hotels in Sao Bras (2%) are also popular.
KAYAK users have found double rooms in Terceira for as cheap as £35 (Angra do Heroísmo) in the last 3 days. The average price is £85.