I spent 3 nights here with my family. This was my 3rd time in this hotel, as I (almost) always chose this hotel when I am in Budapest as a tourist.The hotel is not situated in the heart of the city but still has a central location. Especially with tram nr.2 and 2B the city centre is easily accessible. Otherwise basic but clean rooms and helpful staff. I also like the breakfast/bar area with a nice view over the street.
On the negative side, breakfast, especially on Sunday, was too simple. Also there was a very long queue at the coffee machine.
All in all, this is a middle class hotel, and the price/value ratio is correct in my opinion.