Fantastic location for many of the central sites in Saigon - we walked to most places easily from the hotel. Ben Thanh market is a minute away, and after dark the night market is well worth a visit for souvenirs and some local food.
The hotel itself is modern and clean, with decent sized rooms with great beds. The staff couldn't have been more helpful - always very friendly and efficient. Breakfast was good, with plenty of Western and Asian choices - something for everyone.
All in all, an great option in terms of the hotel itself and the location in Saigon.