They call it "Island Oasis Resort" in the ad, but I cannot find
anything on that.  It appears to be a resort in the bahamas possibliy
in a cove.  The woman is interupted in her dream about the resort by a
guy offering her donuts in the break room. What resort/hotel is that?

Here's another question on the same topic:

"Hotel on Expedia Commercial with office worker daydreaming of tropical resort?"
http://answers.google.com/answers/threadview?id=547888

If an answer or helpful comment is posted for that question, it would
apply to this question too.

I think it may be the Hayman Island resort in Australia:

Try this:

http://www.whitsundays.com/index.html

I think that is the place.  Nice work.