This place was adequate for our two-night stay. Strong backpacker vibe, with free breakfast (waffles, cereal, toast) and evening soup. Helpful staff. The location was great. The room itself was dated and pretty small.
I'd say this is a case of you get what you pay for. It was very affordable and great if you're looking to connect with other travelers, but I think I would personally spring for a place a bit more modern with more amenities next time.