We stayed before and after a tour of Peru and like most of the other reviewers on here I can agree that it hits the major buttons. The hotel is centrally located within the historic district, within easy walking distance to the Plaza del Armas, a large local supermarket and the local pedestrian shopping streets. The hotel itself is not going to win any architectural awards for style etc, but the rooms are large, relatively clean and most come with a table and chairs, flatscreen TV and a couch. The front desk staff are friendly and willing to help when they can; organising a reputable cab to the airport and assisting with the printing of boarding passes etc. The hotel has free WIFI everywhere and two PC's in reception for internet use and the Koala Cafe restaurant attached to the hotel has decent cheap food anytime day or night.
As a tip: ask for a room not on street side - the view will be terrible, but you will sleep at night and not be woken up at 5am by the ever-present horn tooting that is a daily occurrence in Lima.More