Pretty good location, right at the start of pink street. If you are looking for a quiet location - this will not be for you though as the parties rage on till well after 3am.
Service was great, everyone was super friendly. Rooms were clean and they gave free water and coffee which was a nice touch.
No elevator, so if you have full luggage it is a mission to get it up the stairs. We stayed in a double room and there is no privacy, so if you are traveling with a friend make sure you are super comfortable with them. The w/c and shower are right in the room and are super small.