Perks: the (surprisingly warm) pool and hot tub made our trip, good coffee, chic lobby, nice restaurants within easy walking distance, funky art displays, comfortable room, relatively affordable.
Downsides: not sure if we were just unlucky but we had some noisy neighbors, and sound seemed to carry very easily between our rooms (we did eventually ask them to keep it down), and the mattress didn't agree with my husband's back (it was fine for mine). Also, we wished that the hotel offered a breakfast!