I think OsakaWino has it about right. It's about as interesting (and as sterile) as Fifth Avenue in NYC. Similarly, you can walk easily to tons of great stuff ... Petit Palais, Seine, Tuileries .... It's a certain version of Paris and one that is fun if you like high-end shopping, a certain snootiness, and so on.
There are other versions of Paris that are, in my view, more fun and lots cheaper. Most of the time I stay in the "popular" (eastern) end of town, at 10% of the price, and love it. But Hyatt is reasonable with the credit card and the 22K points, so once a year I am willing to amortize a paid night or two by some free nights and stay at PHV as a very fun goof. Just won't be paying for the b'fast if they don't comp us!
If I were rich, I wouldn't think twice -- the place is smooth, why not? But if I were rich, I probably wouldn't be on this forum either.