Paying for location
Great location right on the Riverwalk. We were on the 5th floor overlooking the Riverwalk, but really couldn't see it due to the windows were located really high up. Still, nice to have a least somewhat of a view. 
The hotel itself is older, and the rooms aren't exactly cute. But the bed is comfy and the room serves it's purpose. I did take off a whole point tho due to the faulty showerhead and the horrible old square hairdryer. Bring your own hair dryer if you plan on staying there more than one-night! 
One great feature of the hotel is the 5:30pm Kickbacks they offer, which includes hot appetizers and 3 free alcoholic drinks. Stick with wine or beer though, because they don't make a good mixed drink. But, it's free so what do you expect. Also they offer a decent enough hot breakfast in the morning. 
Also parking seems kind of expensive at $14 a night, but it's better than parking on the street downtown. 
Overall, it was a good stay, but if I were staying more than a couple of nights I would probably look for something more modern.