Pretty good, but not breathtaking...
I stayed here for a couple of nights at the beginning of March this year on business. I've stayed here a couple of times before and always thought it was pretty good value for money and a reasonably maintained hotel.
The location is great too, just round the corner from some great restaurants on Rittenhouse Square.
The rooms are always clean, well stocked, and well serviced.
The free internet access in the rooms is also excellent.
On the downside, the breakfast I find overpriced for pretty mediocre quality and choice. They could certainly do more on this.
Other than that, it was cheaper than most of it's equivalent competitors in town, and is more than acceptable for a short stay for business or pleasure.