It has changed over the years (not for the better), but it is still a sympathic, comfortable, little, friendly and safe hotel with quiet guests in a quiet part of the city, not far from the centre (easy to be reached by the hotel bus (free), or by a marsroutka/minitaxi (cheap). Alas the good restaurant has closed for dinner a year ago and a lot of the former staff has gone after a change of management. Only breakfast is served nowadays. The new staff is also friendly but only few speak good English.
The prices were reasonable but in fact become a bit to high these days, as services have decreased.
But you can still see the wall of fame (all great actors and theater director who have stayed in Matisov) and once when I was there it was the set for a television serial.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC