I was with my wife for a convention in the hotel on October 2006.
The hotel's central location, nice breakfast, good range of services (from an outstanding pool to tennis courts) and refurbished bathrooms are the aspects that make this old hotel worth a visit.
However, they should upgrade the service and the rooms could use some treatment as well. The auditorium was really not good at all for its purposes, since the chairs are not confortable to stay there for more than a few minutes.
All together, you must consider it is always hard to invest in a hotel when you do not really know how the future will be, since they used to sell themselves because of the thermal waters nearby and now you can find spas everywhere!