By far the best factor for this hotel is its location. It is only a couple of minutes walk to the cable car.
However, it is old and tired, many furnishings look like they are from the 1970s. Where modernisations have been made, they are with cheap materials (e.g. plastic laminate flooring in the bedroom).
Most annoying was that the reception opening times on hotels.com is incorrect, it is closed during the lunch period.
The building does not have any active ventilation and the room was warm during the night. The bed was very firm, but pillows very soft.
Breakfast buffet is basic but adequate (no hot food other than overcooked hard-boiled eggs).
I leave this review to help visitors understand the reality that this is no 5* property, but it is clean, functional, safe, in a fantastic location, and a decent choice, if you set your expectations correctly. I am sure that I will visit again, but with lower expectations.