Stayed there last month and we were very happy with our stay. Had a Premium room overlooking the Praça do Comércio and it was lovely. Bed was very comfortable, staff was excellent and the breakfast was very good. I usually stay at the IC when I am in Lisbon as I get a lot of perks with my IHG Diamond Ambassador but I will certainly consider this property in the future as I am more of a free agent now with all the perks available through TA rates that basically give me the same thing. The location is certainly better!

If it is your first time in Lisbon I would stay there.