If you have taste, and you MUST be near UW, this is the place.
My husband and I are world travelers, and are lucky enough to be highly selective when choosing hotels. That said, our daughter was graduating from UW, which was the only reason we needed to stay in Seattle this particularly jammed summer weekend, so we wanted to be as close to her and the campus as we could get. This hotel was our top choice out of the very few choices that were CLOSE TO CAMPUS.
The positives:
Clean rooms and lobby.
"Up to date", design wise, if a bit over used.
Large windows in rooms, some views of the water, which were surprisingly nice.
Decently large, comfortable rooms, with wifi, desk, chairs, clean roomy closet.
Modern bathrooms, equipt with the usual soap/shampoo/etc items. 
Cozy but "slightly worn down," lobby--we liked sitting by the fireplaces on those ridiculously frigid Seattle summer nights. Also nice is the live jazz from the celler club that you can sit and listen to while by the fire in the lobby.
The negatives:
No robes in rooms.
Very expensive parking, but one should expect that in any city.
The desk staff is polite, but very young, i.e., inexperienced.
The price of the rooms we'd reserved went down between the time we reserved and the time we actually used the rooms, and the staff had to be persuaded to give us the better price. Slightly unprofessional, especially since we'd reserved the most expensive rooms for the full weekend. They were not what we'd call, "guest orientated".