We picked this place for our Istanbul stop during our week long visit to Turkey, solely on its reviews on TA and its location. Being world travelers, but never having been to Istanbul before, we could not have been happier with our selection.
We received a free upgrade when we checked in, as the hotel was not full, which is always a pleasant surprise. (Did that give us a positive bias, maybe! Haha). the rooms were large, comfortable, and well decorated. You will not have the service of, say the luxurios Four Seasons up the street, as there is usually only a single receptionist on duty. However, the receptionist is always friendly and knowledgeable (especially restaurant and bar suggestions), and we were happy with our choice.
You cannot beat the location, as you can walk to every major site, which is a huge plus. Even if you don't stay at this hotel, you should definitely stay in the area. You will see much more, and really be able appreciate the local culture. For example, we were here during Ramadan, and we walked every night to the park in front of the mosque where crowds would gather at dusk to celebrate. What a great experiences! The hotel is also located on a row with many dining options, clubs, and bars. On one hand, this can get noisy if your room faces the street. Ours did, and we were ok, but just pointing that out. However, we also liked the fact that we were able to just walk out the door and partake in the city's nightlife.
For the price and location, this hotel is hard to beat.