The location of the hotel is excellent. It is on the Buda side of the river where the castle is and only a short walk from the castle and the fisherman's bastion. The Buda side is quiet and peaceful.
The rooms were clean and pleasant without being exceptional. Certainly nothing that would put you off staying here.
There is no evening restaurant, but the is a breakfast room for the morning. Breakfast was fairly limited, but you'll find something and the quality was good. Hot food is very limited with just some scrambled eggs and sausages.
There is no parking at the hotel. If you want to park nearby this is within the Historical District and you will be parking on the street. We found a space ok a couple of streets away, however I could easily imagine struggling to find one in the middle of the day. You take a ticket from the machine on entry into the historical area and the hotel will validate it before you leave. Prices were very reasonable for this.
Note that in the local area there are NO cheap restaurants. They are all very high end, the food was lovely and not overpriced for the quality, but you'll struggle to find a main course for under £20 per person.
If you download the public transport app you can get a group ticket for around £10 per group per day for unlimited bus, tram and metro use (note you all have to travel together) which we found excellent value and made it only 5 minutes to the Pest side of the river where there's more things to do