I have stayed here many times and enjoyed the hotel. It is located right on Bui Vien street in the heart of backpacker area. Restaurants, clubs, bars, shops, Circle K are just outside the hotel, so it is extremely convenient. The beds are comfortable and that is important to me as cleanliness and modern styling, and most importantly not very expensive.
Because it is surrounded by clubs, it is rather noisy at night with music blasting from the club across the street and the club next door. If you are a light sleeper, then this hotel is not for you. For me it is the same as having the radio on while I sleep so it did not bother me. The breakfast was ok, only few selections, and not a buffet.
The only downside is that there is currently construction going on to renovate the hotel and they start work at 8:00am. Hopefully they will finish soon.