The hotel is huge and the rooms are big. You have to be intimate with your partner since the shower is a circular glass showcase. There are a lot of tour groups staying in this hotel.
The location is not the best; however, it is only a five min. walk to the subway and you can reach Central in about 20 minutes. There is also a bus terminal right beside the hotel but I never used it. In Hong Kong, transportation could be quite expensive as you need to pay on any section, there is no such thing as "Transfer" ticket in North America. Tsuen Wan is outside of Kowloon and Hong Kong, it is in the New Territories, hence your daily commute could turn to be quite expensive. However, it is a bit closer to the airport, taking a taxi to airport would be cheaper than from Kowloon or Hong Kong. If you have two people traveling from the airport to anywhere, it is almost the same cost as taking the train. There are a few shopping centers close to the hotel as well as some eateries..
Since it is not Central, once you leave the hotel in the morning you don't want to travel back and forth. Whereas if you stay in Kowloon or Hong Kong, which is more central to most famous shopping districts and you can afford to go back to the hotel more often.
I stayed in this hotel in 2010 and I am returning next month, the main reason is the cost which is quite reasonable at $95 per night, I could not find anything decent close to this price range in Kowloon or Hong Kong during March. In December I stayed in BP International in Jordon which is far more convenient; however, when I checked the price for BP, it is $200 per night, which is quite different for what we paid in December ~$100 per night. You need to really shop around for Hong Kong hotels as their price fluctuates a fair bit all through the year.
I also found if you ask a travel agent in Chinatown to book a hotel for you in Hong Kong, their price is usually a lot cheaper than you book online (such as using Agoda, Expedia or Orbitz), only they might not have a wide selection.
I do travel to Hong Kong and/or China at least once a year, I will keep updating my travel experience in the Far East.