Good location for exploring the city
This hotel looks nice from the outside, the inside, rooms included, are outdated. There is currently (June 2012) a refurbishment going on in the reception area.
The lobby is on the 3rd floor which makes going to your room a bit complicated.
The room are big enough, but would expect more considering the price.
Breakfast buffet is superb and served till 11:30 am! 
The location is just behind a big shopping street. All (old) sights are within 15 minutes walking distance.