Location is not great, but we travelled by car, and every location in the city was close (for example 15min from Vazi street). Parking was 5eur per day, which is not bad.
Hotel is nice, but needs renovation. It looks a bit older, everything, outside, inside, rooms... It has all you need in a room, coffee machine, 2 TV-s, bathrooms are fully equipped, and rooms are very big, bigger then in usual hotels (we were in Junior Suite).
Breakfast was excellent.
And, everything was very clean!
I would recommend this hotel. And, if I come again in Budapest, I would first check this hotel for stay.