Spent 3 nights at the exchange and was amazed by the location and hotel for the price. Check in was easy, room was super clean and staff were friendly.
The hotel is a few minutes walk from central station, and the red light district. As Amsterdam is quite small most of the attractions are easily reached by walking or the trams.
There is a good shopping area located behind the hotel and with the hotel being located on the damrak it is easily located after a day out exploring. The entrance to the hotel is quite small so can be easily walked past however just look up and you will see the flags we found this helped locate the entrance.