Just came back from holidays. The location is really good ... but there are plenty of hotels around and actually most of the city is so well connected with buses and trams that chances are that you won't have any problem figuring out your way around. I thought that the price was good given that I've only needed a place to sleep. I reviewed the comments related to no A/C but thought it wouldn't be a problem, believe me, it is! sometimes I wanted to go back to the hotel to rest but just thinking in the sauna that was waiting there... even late at night was incredible hot, got a room in the ground floor and even with the window wide open it was awful. On top of that I was waken up around 5.00am b/c of the noise made by neighboors (think that were the next door restaurant staff doing some cleaning, etc) and the people at the front desk were not friendly/not helpful at all and only speak german. Almost forgot, there was a couple of days that I could notice they didn't clean the room at all, and when I've checked in I had to do some cleaning (to be on the safe side). One more thing: the matress is harder than sleepping in the bare floor (I always prefer firm matresses but this didn't qualify as such!) So, check your options.
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