I often come here durig my business trips, and always appreciate the location and staff service.
The doormen and very pro-active and welcoming, room service & canteen staff are equally friendly and efficient.
The hotel shows it's age, through the style and equipment in the rooms, but to be honest it's probably a bonus, as it adds to the atmosphere (simiar to some places in Japan, where you feel the equipent works and so hasn't changed since the 1980s).
Morning buffet breakfast is quite varied with Western, Asian, Chinese dishes.
And extra cost if not included in your room rate is fair (approx HKD 120/pers)
Anyway, I am overall rather happy with my stays here and will continue to stay here in the future.
As for prices, it's difficult to comment, as I'm always on corporate contracts.