The place is located in a nice area, fairly clean and safe, with many food places around.
Although the concept of the hotel is interesting, I do think it has not been well taken cared, and the place feels very run down.
Walls, floors, furniture, etc. - all had stains on them from other guests, and the room itself didn't feel like it was properly cleaned between guests. I also found the bed to be pretty uncomfortable.
Also, if you are coming here with someone else, expect no privacy when you use the bathroom. The toilet and shower are separated from the living room by a rotating door, that essentially provides zero privacy if you decide to use the bathroom.