This is a great place to stay in Valletta (Floriana). The hotel is lovely - clean, spacious rooms, we had a balcony, the reception staff simply can't do enough for you. The male receptionist was fabulous when we asked for recommendations for eating. (And the food in Valletta is sensational if you know where to look!)
The location is great. It's about 7-8 minute from the walled part of the city, so close to a lot of places to visit and some great restaurants. It's also about 7 minutes walk to the bus station although most of the buses stop on the main road which is about 3 minutes away. We took buses to Mdina (stunning and a definitely must), Rabat (interesting in parts), Marsaxlokk (fish market on a Sunday), Sliema and St Julian's (beach and sea views).
There's a lovely cafe opposite the main entrance which does light food and drinks (daytime only) and the hotel also offers a decent breakfast.
Highly recommend - we had a lovely 10-day break with this as our base. It's great value, great location and great staff. Thank you to all of them who made our stay fabulous.