Location is excellent! Very to Holyrood Palace, just a 20 minute walk to Edinburgh Castle. However, it was also very loud. I think this may have been partially due to the excellent weather we had on our trip. People were outside on the sidewalk talking. If it’s raining, that likely is not a problem. I put in earplugs and was able to sleep. So if you are sensitive to noise, pack some earplugs.