Been there couple of times. And will go again. Price is bit more than 500 renminbi per night (75US$). What a steal in Beijing! Breakfast was not included in this price. I had mine in nearby Starbucks.
Hotel is very quiet, rooms were comfortable. And I have been upgraded at my stays. This gives you additional living room, which is good for working / arranging meetings.
There is a good Chinese restaurant also next to hotel on other side of the road ("Da tai lou" I think).
Rooms are good and clean. Service is fully ok. Stuff do speak proper English. And they accept normal credit cards. Hotel does provide free of charge 2 bottles of mineral water + 2 cans of soft drinks (Sprite and Coke). Minibar prices are reasonable. But nearby Q shop is best bet, if you need further beverage.More