Sweden is certainly one of the most expensive capital cities in Europe, but is certainly worth a visit. Downtown hotels are very expensive (don't be surprised to be quoted £250 a night!). But there is a cheaper option.
The Quality Hotel, which is situated in a quiet suburb called Sickla, offers comfortable rooms, at around one third of the cost of comparable downtown hotels. It is situated in a fast-developing area, 15 minutes from the city centre by a very reliable bus and train service. The bus stop is right next to the hotel and the train station is around 3 minutes walk.
The hotel provides a very good buffet breakfast, lots of choice and good quality, included in the room rate.
Rooms are not big, but are reasonably well-equipped, with flat-screen TVs, and anti-allergy bedding available on request.
There is a small but pleasant bar (be warned, alcohol is very expensive in Sweden), and a nice restaurant - reasonable menu, but also quite pricey.
If you are looking for alternatives, the hotel is only a few minutes walk from a pleasant, modern shopping centre, which includes several restaurants (pizza, indian, french bistro), cafes, a movie theatre and a good selection of shops.
We spent two nights at this hotel in early September. It was almost full on the second night (Friday) with several tour groups, but it remained quiet, and the staff seemed able to cope very well. They were helpful and friendly (supplying a couple of extra pillows immediately on request). There is free wi-fi, very important for most of us, and a sports centre, which I assume costs extra.
If you are looking for luxury, then this is probably not the place for us. But if you are happy with a business/tour group level hotel, then this will not disappoint. Better to save money on the hotel, and save for the additional cost of everything else in Sweden.

We were lucky and got a room on one of the far ends of the hotel, room number 325. The other members of the group with whom we were travelling did´t have a bath tub neighter a balcony in there room, but we had. The hotel food was expensive, but there was a pizzeria not far from the hotel, just across the street on the other side of a parkinglot. In summary: an quite expensive hotel with a good standard. NOTE: They reserve the amount your suppose to pay on your wisa-card at check in, so make sure you don't pay that again when you leave. in the later case you will have to wait a couple of days before you get the money back on you account and might have to call the hotell. But they're very friendly so I don't thing you have to worry. =)

A great Hotel right off the train station. Very friendly staff, great rooms. Has a very nice pool and pool area. Very clean and a nice small restaurant attached with bar. Make sure you get the Stockholm card at the airport. Subway trips are very expensive and so are all site entrance fees. This hotel is 150 steps away from the train station, but you do not hear the train. The train brings you to slussen, main station in Stockholm, it is also the first or last stop of this train. Taxi fares are very expensive too, so try to go by subway from Central station to slussen and than slussen 2 more stops(Saltjobaden line) to your hotel. Enjoy your stay and enjoy a real Swedish breakfast!!!

We area a family of 3 persons (husband,wife and 14 year old daughter) and recntly 2 nights recently (25 & 26 July 2011) in this hotel. The hotel is located in a newly developed locality near Sickla station, a little away from the City centre with a comfortable 10 minutes bus/train ride to Slussen. The hotel has free internet/wifi connectivity in rooms. The rooms are clean and having decent decor, though electric kettle was missing in the standard room. The breakfast was fresh, but with limited choice. Addition of hash browns and more variety of eggs (other than the bland full boiled eggs or scrambled eggs) will add more value to the breakfast.