Location: at the little channel, on picturesque place, but out of the crowd of tourists. Everything important is nearby from here: St. Mark square 5 minutes, 12 minutes Rialto bridge, the harbor steamers San Zaccaria 6 minutes (easy to find your way under the plan on the hotel website). My single room on the first floor had a patio and balcony great for watching traffic on the channel.
The quality of breakfast is not the price paid.
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