From the pictures and the description, I was expecting a slightly higher standard for this hotel. However, I had an excellent stay! Yes, some features look a little dated, the hotel reception/lounge is a little small (compare to what I expected), but it doesn't really matter and it did not impact the quality of my stay.
The hotel staff is excellent. The staff at the bar has limited English proficiency, but the staff at reception has no problem speaking English. There is a very nice buffet breakfast in the morning. The food is good.
The room was good - nothing special to report. It was clean. The hotel was located about 10 min walk from both the lake (nice and very lively to walk around on Friday/Saturday nights) and the Opera house. I felt safe when going back to the hotel every night.
I would come back to this hotel again. It is a good quality/price ratio.