Me with my officemates stayed here last August 2012, I just indicated December for there isn't any option for that month anymore. I could say that the price was very reasonable especially for budget travellers, though the hotel only offers basic amenities and rooms.
We were 5 back then, we got 2 double rooms and 3 of us stayed together for we just asked for an extra matress with a fee of course. The room was okay, nice beds and cool A/C, clean bathroom and has a wardrobe. Again, the hotel is just basic so don't expect it to be posh. :) The hotel also has a resturant at the ground floor, we tried their pancit and it tasted good.
The staffs were also friendly and accomodating, they assisted us with the directions of the sites that we'd like to visit and they were the ones who found a taxi for us in going back to the airport. In terms of location, it's very near SM Bacolod and there are jeepneys passing by the hotel so people who'll be staying here need not to worry.