Great place for an adventurous urban weekend. It's about as central as you can get to Yaletown, Granville Island, Robson Street, Gastown, etc. The place is super clean and the building is really nice.
Advice for those driving in... If you're arriving on a weeknight, try to get into town right at 6pm. Parking spots are closed from 3-6pm, so there are lots of places to stash your car when you first arrive. It'll save a big headache for when you're fetching the keys from the 7-11 around the block, plus checking out the room and parking instructions. The parking pass is in the room, too, so you'll more or less need to go up there before parking.
Our family of 4 had a really fun long weekend. I have nothing bad to say. Don't pay attention to the bad reviews, just realize that it's a busy area and to recognize your triggers if you're an extremely light sleeper :).
Thanks to the host, we had a great end to our holiday season!