Excellent location, close to all the main landmarks you will want to visit. Could not be better located. A major downside is the extreme humidity in the bedroom (in the basement). There is a dehumidifier, but it clearly is not strong enough. After a few days, the bed sheets felt damp and our sleeping was affected. You can't leave your clothes in the bedroom because they will start smelling because of the high humidity level. We were not too bothered by the noise coming from the bar next door, but you will if you are a light sleeper. I still recommend this place if you are spending only a night or two there.