This is a great place to make camp and wander around cinque terre and neighbouring places. The hotel is spotless, the rooms pretty and well maintained and the staff couldn't be friendlier or more helpful. Some may find breakfast a bit scarce, if you are not used to italian style breakfast. True, it isn't buffet, but with the bread, cheese and ham (or croissant and jam if you prefer the sweet option), cereals, yogurt and fruit, it was more than enough for me.
It could be tricky to find as it is hidden on a back street off Via dei Prione and (at the moment) there's a building under repair right at the entrance with scaffolding and stuff. But follow the directions the owners give you and you will arrive safely.
It's close to the train station and boats to cinque terre and/or bus stops to surrounding villages (Portovenere, Lericci eg). Loads of nice restaurants and shops around, you wont have to go far to find a place to eat. Hopefully I'll be back!