The Ibis Budget is a budget, 1 star hotel (if you are South African, think Formula 1), but it has all you need - if you expect 1 star facilities, you will find good facilities here, and then a bit - it has a lift and aircon in the rooms (but the windows don't open). The staff are friendly and speak good English.
It is also very well located - you can walk to the main station, Chapel bridge and the lake, all within 15 minutes. And from there, you can get anywhere.
The breakfast is also very good at CHF11 - well worth it. We didn't see anything else nearby either, but didn't feel the need to look
As expected, the room is small and cramped, but no real problem if all you want is somewhere to sleep. It does also feel a bit 'sterile', part of a big chain and I'm guessing the rooms look the same in every one of their hotels.
The room was also a bit noisy in the morning - the walls aren't that thick!
In short, if you are looking for a reasonably priced place to sleep, but not expecting anything more, the Ibis is for you
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