If you want to be right the in the heart of the action, the location of this place is perfect. I wasn't sure what to expect, but we loved being within walking to distance to anything you could want! Waikiki beach was just across the street, a short walk, and it's a great beach! Loved the pier (also just across the street) as it was a great place to watch the sunset. There is SO MUCH to do all around this place. A million restaurants and food options, shopping, coffee, food trucks, etc. LOVED being so close to everything. Diamond Head was a few minute drive away, as well as Ala Moana.
The space itself was OK, not great. The pictures make it look very updated, but not so much in real life. It's a small space, and could use some renovations. When a place is rugged and outdated it has a feeling of being dirty even when it is not. The couch was dirty though, as there were even several pieces of clothing tags on it.
We parked on Monserrat Ave. where there was free street parking. It wasn't a bad place to park, as it was free, but it did require a little bit of a walk. 5-10 minutes, usually, as we seemed to be lucky and get a close spot. We didn't mind the distance at all. There is paid parking available on the street outside of the hotel, but it was metered parking. There was also paid parking available directly across the street at the zoo, for $1.50 per hour. There is so much within walking distance of the hotel that we didn't really need to drive our vehicle much, so parking never felt like an issue.
You're in a populated area so it's not always quiet, but with the A/C running I had no trouble sleeping (and I'm a light sleeper). The A/C kept the room nice and cool.
The balcony and windows provide an amazing view. Definitely a huge plus for this place!
I can't say that I would stay here again. I probably wouldn't. But for the few nights we were there, it had enough pros to keep me happy. If some updates were done, I would be more likely to return.