I recently stayed here for 4 nights whilst having a break in Bologna. The bus from the airport stops a short walk from the hotel (be sure to get off the bus at Ospedale Maggiori) which is very convenient if you are not a taxi user, like me. Check-in staff spoke good English and I was able to check in before lunchtime.
I was surprised at how big the room was. Having stayed in many hotels across Italy one thing that always stays the same are the small rooms. However, here the rooms are huge. There was a large King bed with two bedside tables, two comfy chairs, a coffee table, a desk with chair and a stocked minibar. There was a small entrance hall with a door so after shutting your main door, you could also shut the entrance hall door making it very quiet. There was a walk in area where the wardrobe was, and out the other side was the bathroom. Shower, but no bath. The room had a balcony which overlooked the main road and the green area opposite the hotel. I was on the 7th floor and had no real problems with noise, except for ambulance sirens - but as we were located by the hospital that was to be expected.
The hotel is not within the walls of Bologna, and it is a good 20-25 minutes walk to the main sqaure. However, it is one long road, under porticoes and lined with shops, so pleasant enough. It is also a 25 minute walk round the ring road to get to the the Central Station (train and bus, on opposite sides of road). I managed day trips by train to Rimini and Modena.
The hotel looked after my luggage when I checked out, and were generally friendly and helpful.
My only problem, if you can call it that, was the over-zealous cleaners. If I open a bar of soap one day, I don't need it taking away and replaced with a new bar the next day. I don't need my towels changed everyday, and I don't need half a bottle of shower gel changed for a full bottle. Personally I don't want my room serviced every day anyway - I tend to keep the 'do not disturb' sign on the door and remove it once every third day. However, you do not have this option at this hotel - you can only display the 'do not disturb' light when you are in the room. When you leave it turns off automatically. This is a major fault in my book and what stops me giving 5 stars.
If I come to Bologna again I would probably prefer to stay closer to the centre, but for price and comfort you can't beat this place.