I stayed at the Art Hotel this past May, 2006. The staff are in my opinion, fantastic. As a solo female traveler, I felt that these people treated me as if I was part of their family. I ran into many other solo female travelers at breakfast who were staying at this hotel as well. This says a great deal about the safety , location and cost at the Art Hotel. You are minutes away from a busy shopping street, a bank two blocks away and the famous Recoleta cemetery just 8-9 blocks away. You have a great deal within walking distance.
I have read other posters opinion's about the room size but I did not experience that same issue nor did I hear anyone complain while I was there. In truth, the individuals I spoke to during breakfast only had positive things to say about this hotel and mostly about the great staff. For location, cost , safety and most importantly, customer treatment...I feel that this hotel is a great choice.