The hotel is extremely comfortable and the staff welcoming. The breakfast offerings are quite extensive and the quality of restaurant food is high. The hotel is located within comfortable walking distance of the old town, it's many shops and restaurants.
The best reason for staying here, however, is the view of the port , which is full of luxury yachts, and is a hive of activity from kayaking training to cruise liners, cargo vessels and ferries coming and going 24 hours a day. It's worth the extra expense for a room with a balcony that faces the port area. At night, the whole area is lit up and offers great photo opportunities.
The down side which others have mentioned, it the traffic noise if the doors are left open. Simple solution - close the doors to get a good nights sleep.