We thought it was the perfect location to visit Geneva in the middle of town close to the lake and with a view over the roofs to the jet d‘eau. It was a bit small for 3 people and we had to prepare the couch to be a bed ourselves. I think a hotel would be possible to book in this price range with more space and breakfast. So if you do not need a kitchen (we did not), I think it would be better to chose a hotel.