Hotel Elizabeth is located within the historic Old Town, thankfully not quite in the middle of the most trafficked part, so it is relatively quiet; walk to bus station is pretty easy. But it is not a very good hotel, it is dingy and worn out, rooms are awkwardly configured, presumably cut up from larger apartments, carpets and furniture should all be replaced, and the hotel is overdue for a paint job. Beds are comfortable, hot water is good. Breakfast is extra (11 Euros) if you just want coffee there is a good cafe across the street.