It is a nice place by the beach, with many tourist sites close by (20-30 minutes walking distance). It's in the vicinity of many bars and restaurants, although not all of them are very affordable. Price for the room is alright considering the Tel Aviv prices, however still fairly high for a small room. Breakfast is organised with a voucher for a café - you probably save money if you just get some morning coffee and breakfast on your own. So, I had a pleasant stay and can recommend the hotel, with some caveats. As of August 2023, there is a large construction site in front of the hotel, which can be noisy in the morning.