Been to both and Golden Moon wins hands down. Cenk Bay is on a very busy main rd and our room faced the road. We got very little sleep because of the traffic noise. I did notice in June that the front facing rooms appear to have had new windows fitted though. The rooms facing the pool have no view and lots of the day doesn't get sun at the pool. Electric wires were hanging off the wall due to a damaged wall light. The hanging space was a damp smelly cupboard fitted into a wall. Food was ok.
Golden Moon far superior in all ways. Better location for beach and has nice pool area.