If you decide to go to Chichicastenango for one of the big market days, I recommend getting there the day before so you can see the vendors set up. You will literally see the parque central transformed overnight.

I also highly recommend staying at the Hostal El Telefono, which is located along the road toward the cemetary. It costs only $5 US a night. Though not fancy, it is comfortable and there is a mini rooftop terrace with great views of the cemetary. The owner is very friendly and the rooms and bathrooms are kept very clean.