Pros (+) As the title says, the location couldn't get better. You're right on the main drag and can't get any closer to the beach. You're about a block from Bangla road and tons of restaurants, bars, and entertainment.
Cons (-) The hotel is older and not the nicest. The rooms are outdated and the bed was hard as a rock, but then again, I didn't go on vacation to sit in my hotel room. It's a good spot to crash, but nothing uxorious.