The room is spacious enough for a couple with fridge, TV, nice balcony, high speed WiFi & clean bathroom. They clean the room when you asked them and give fresh towels & toiletries. We went in the 1st week of august 2015 and the room was dirt cheap for the facilities they provide. It's in 10 mins walking distance from Bangla street, restaurants and supermarkets like familymart & 7-11 are all nearby. The hotel itself gives bikes for rent but I rented from the place opposite to the main entrance (got a better deal). It's near to the Jungceylon mall and boxing stadium. Its not on the main road so you'll get a good night's sleep without any noise of the main road traffic. Basically it's an ideal place to stay. A must book!
Well, rent a bike, go to Kathu Waterfall, Patong shooting range (be careful on the steep road while driving in and out of Patong, it gets slippery when it rains), Patong beach, Bangla Street (Illuzion & Seduction), Phuket Aquarium. Include 1 day's Coral Island Resort booking in your itinerary for some peace time.
Also, please don't buy the waterproof small little camera that you might see a lot of tourists would be carrying. Though the box says that it's 12MP and full HD recording but no, the pics & videos are lousy. And if you do decide to buy one, quote the half price.