stayed there last year, basic hotel but very pleasant, food is adequate but can get a bit boring, get there early before it's all gone, it's cheap enough to go out anyway.
There's a nice little bar in there and the owner plays pirate dvd's that they sell too, nice and close to both nursery slopes and gondola, it's fine.
Only problem I found was as a non-smoker, people sit on the landings smoking and it comes under your door into your bedroom, yuck, it stinks!!!