I paid 53 euros for a room boasting of Ikea furnishings, and no amenities in the bathroom.
Let me start from the time I arrived at the "hotel". There was no reception desk. The receptionist was doing double duty at the wine bar. She chose not to acknowledge me as there were a few patrons at the bar. I finally got her attention, and explained that I had a reservation. I was handed a key and told to go round the corner. Breakfast would be in another hotel, 100 metres away. The entrance door to my room was in an alleyway, The staircase that led to all the rooms also led to the back of the restaurant. The room was tiny, painted white, sparsely furnished with Ikea style furnishings. Seemed more like a room in a clinic. No bathroom amenities. Not even a bar of soap. When I approached the receptionist/wine server she told me that the hotel does not offer bathroom amenities. She pulled open a drawer full of papers and what nots, and rummaged around. She finally produced a sample sized bottle of shampoo. I trotted off to buy shampoo and soap. A friend phoned me when I was out. The same lady was rather rude to my friend, though she did take down a message which she had delivered to my room.. To return the call I was directed to a public phone across from the hotel. At check out again, I was ignored. At least the qualiity of the service was consistent.
The reasons for booking this hotel were a) a historic building, b) right in front of the Moselle, and c) the wine room.
The location is great, Cochem is beautiful. And I met extremely friendly wait staff in other restaurants, some helpful retailers, as well as some locals.
The hotel in my estimatiom is overpriced for the level of service and the furnishings in the room. The breakfast was the standard german fare.