To be fair, it had just opened when I stayed there. Rooms are small, but very well, attractively designed. Laminate floors, nice bedding, LCD TV. Very cool decor. Nice storage area. Baths had vessel sinks, which I don't care for, but I know a lot of people think they are cool. And it keeps you from accidentally knocking your stuff into the sink since the counter area is small. I had a room with a balcony overlooking the square and cathedral.
However, the hot water didn't work in my room, or anywhere else in the hotel as it turned out. I took a tepid shower the first night, then told them when I went out the next morning. Then I asked about it around noon and again in the afternoon and evening. Each time I was told different stories about how it would be looked at. It never was. Then, when it was obviously too late for any story about a plumber coming, the desk clerk went around to each room trying the water and it turned out it didn't work none of them had hot water. I don't know why no one else complained as there had been a couple other rooms occupied.
Finally, late that night I complained until it was arranged for me to get a room at Catedral for the same rate, where the rooms are shabby with cheap motel quality bedding and awful carpeting, but large and with plenty of high pressure hot water.
So anyway, the price was inexpensive and the place attractive, so i say it's worth a shot. The designer did a great job. Maybe by now, the management has figured out how to run the place.
Oh, and there were no clocks in the room. For the vibe they were going for, there should have been CD playing clock radios. With iPod docks.
Also, the staff didn't speak English, which doesn't seem to be widely spoken in the area. If you don't speak any Spanish, you should stick to the higher end hotels or chains..