Just went in for cocktails before having dinner (somewhere else). The views from the balcony overlooking the church and the square are stunning. So are the prices of cocktails and food.
Be prepared to pay 18 - 20 euro a cocktail and wear enclosed shoes, if you wear thongs/sandals you won't get in.
Remember this is the hotel of choice for the rich and famous - so if your'e not rich and famous .....
We had a lovely hour but for me, go to Buca or La Brezza down on the beach level, still got great views and you can have drinks for half the price.