This hotel is in the middle of the old Hutongs, just east of the lakes. It is hard to find but cute, in many ways very modern (never got Panteene shampoo in China for free in a hotel before!). And given where it is, I didn't think that price was possible in central Beijing.
There are 3 subway stations nearby, the touristy area of the Lake, and they help set up tours.
Both wired fast and wireless internet, numerous restaurants next door, and the staff speaks some English. I prefer this hotel over more expensive and more "professional" hotels.
Breakfast was ok, not much choice (congee/粥, some vegetables, fruit and a hard boiled egg) and no real coffee, but the sweetened powder they consider coffee nowadays in China.
I gave it excellent because for location and quality, nothing beats this price.
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