Location, location, location! The Rainbow Motel is located on a busy highway next to fairgrounds and three blocks from Hot Springs State Park. It offers 18 units and a manager’s quarters next to office. Each room is completely furnished with beds, flat screen televisions, microwaves, air conditioners and refrigerators. There are singles, doubles, triples, kitchenettes and suites available with a paved parking lot. A 3 bedroom / 1 bath home is attached to the back of motel that has a separate entrance.