I stayed at the Hoong Thip recently, being a regular visitor to Savannakhet. Basically the hotel is "all front" - it looks relatively grand from the outside and money has been spent on the reception area to create an illusion of grandeur.
Beyond that however, it is poor, and at $25 it compares badly to other local accomodation available for $10-12.
The rooms are big but empty, with some home made plywood funrniture with warped and sticking drawers and doors. The room was full of mosquitos and hadn't been used for a while as it was dusty and adorned with spider webs in the corners. No bedside light so you have to go to the door 10m away to switch off. Breakfast was in a depressingly empty restaurant with waiting staff staring blankly at you constantly. Reception staff were equally vacant and unwilling. Give it a miss - lots of better palces around for half the price.