We have been staying at this hotel for 7 years, 2 or 3 times a year. For sightseeing it is fantastically positioned.
There are 2 metro stations right outside the front door for getting round Budapest, plus Keleti Train Station if you want to go further afield or even other Countries
To the side of the hotel is a tram and across the road several buses.
From this Hotel you can literally be anywhere in Budapest within minutes (providing you have public transport pass.)
It is a 5 minute walk to Arena shopping mall which has several restaurants plus there is a restaurant either side of the Hotel.
As to the Hotel itself rooms vary in size, we have always been more than happy with our accommodation.
The beds are extremely comfortable and the rooms are cleaned daily.
The breakfast has a good variety, both hot and cold.
All the staff are very friendly and helpful (we wouldn't be going back year after year if they weren't)
There are 3 lifts and we have never had to wait more than 3 minutes and this very rare.
There is a nice bar which is very reasonable with comfortable seating, and a small gift shop.
All in all a well run Hotel

Stayed at this hotel last month...the location of the hotel is quite ok...is good if ur travelling by train to other countries. But if ur holiday is limited to budapest only then ud rather stay closer to the centre...somewhere in district 8th as all the fun n night life happens around this area. To the right of golden park hotel u have a tram...but we were warned as tourist not to use it as it passes the gypsies area...and might not be safe. the rooms that we were given at this hotel were very small a tight fit for two ppl travelling with alot of bags...however, apparently they do have bigger rooms so make sure to make that request. The lifts of this hotel r very very busy in d mornings so if u have a flight / train to catch I suggest u checkout 1hr before u head to ur next destination. Below the restaurant there is a lovely italian restaurant...incase u decided to stay in. Breakfast was decent with a good variety.