Stayed for 2 nights in November.
It's fairly close to Odawara Station but might be a bit hard to find for the first time.
You walk towards the way to Odawara Castle, past the 7-11 and then soon there will be a sign pointing you towards the right (though it's in hiragana only).
The staff was very polite and helpful and spoke English as well as had English instructions for things such as wireless.
They held my luggage for the day as I went off to explore Hakone.
The room was a typical business hotel room and had all the amenities as well as free wireless.
The room was impeccable as expected.
It's very convenient to stay as there are a ton of convenience stores nearby as well as restaurants and you are fairly close to Odawara Castle.
I'd rather stay in Odawara than Hakone since Hakone since the buses and such are so crowded there.
Also the Hakone Free Pass is usable on the Odakyu Line to Hakone.
I highly recommend this hotel.
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