Stayed here a few weeks back on an overnight stay. As a HH Diamond, was upgraded to an exec king from twin @ rate of 100E. The executive lounge is a bit small but has a decent selection in the afternoon. Breakfast was great downstairs at the restaurant. The location of the hotel is excellent, you are a steps away from the main square and right in the center of old town.
Parking Tip: Drop off your bags, there is temporary parking in front of the hotel. Then head to 400m to Polizeirevier Dresden-Mitte (Dresden Police station) in front of it there is a huge parking lot. At 6E/24 hours is a better deal. Safe 5 minute walk back to the hotel.