This hotel is beautifully decorated, but it's best feature is it's location.
One of the nicest streets in central Jerusalem (Jaffa road) is literally around the corner (1 min walk), and Jaffa Gate to the Old City is just a few minutes. There are plenty of nice shops, cafés and restaurants within a few minutes walk. Even on Shabbath there are several nearby nice cafes and restaurants open. Our room had a beautiful spacious balcony too.
One could consider the breakfast that is served in a nice cafe on Jaffa road as a downside, but we actually liked it as it is a good way to start your day in a nice coffee shop with tasteful a la carte breakfast, rather than an anonymous hotel buffet.
Definitely recommended!