Check in and check out was bit slow and our window faced into the hotel, so no view. But other than these small points the hotel is very nice, especially for the price (370rmb/night).
The furniture and bathroom looked new and clean. I'm used to Chinese beds, but my European companion thought the beds were too hard.
Breakfast was ok, nothing grande.
The best thing about this hotel is the location. It is near the West Lake (5 minute walk) and near Qinhefang Old Street (3 minute walk). Where the road reaches the lake is a bike rental where you can apply with a 200rmb deposit for a bike you can exchange at stations all over the city. Changing within 1 hour is free use of the bike. A great system!