I was in town for a conference at Music City Center, and this was a convenient walking distance away. If you're looking to check out Broadway, you're right there. Parking was also very convenient; connected to the building.
The space is very close to the same size as a hotel room, but with much more comfortable bathroom and furnishings. It also has a full kitchen, which is always handy. The Murphy bed was sufficiently comfortable. I was also able to work comfortably on my laptop at the foldaway table.
The building seems much like a self-service hotel, I even ran into housekeepers working the floor during the day. The hallways and elevators are not quite as well-kept as the room itself; there seemed to be a slight tobacco odor in the halls that was not in the room at all. If you are a light and early sleeper, you might notice some street noise. I was not there during the weekend, but even on weeknights the nightlife flowing off of Broadway seemed to go pretty late.
I had no interactions with the host; that can be a pro or con, depending on your preference.
Overall, I was looking for a hotel alternative for a work trip, and this did the trick.