You do not get much in that hotel, other than location, but the location is off the charts and, to many people, it might be worth many inconveniences that you have to suffer (e.g., super tiny & basic rooms, user unfriendly bathrooms, etc.). I think the security should be better as far as checking if the people who come into the hotel are registered guests (although the area around is not unsafe at all). The hotel is very close to the red district, the surroundings are very safe, and there are dozens of choices to eat around the hotel. You are basically literally in the middle of action, which is a huge plus. If you like peace and quiet at night, though, I would suggest to ask for a room that does not face the street because there are hundreds of people there at night, and it can get quite noisy.