Do not be fooled by many of the reports that lead you to believe that its a "great location." IF the location is "location to Keleti and the metro" then, yes, this is a fantastic location. HOWEVER, if you want to be near the river, Andrassy Ut and Vaci Utca, the castle, baths, etc., it is REALLY out of the way. (like, a 30-45 mintue walk out of the way).
Also, of note: the rooms are mediocre, the breakfast was terrible (warm milk and cereal...yuk!); the walls are very thin and, most importantly: we were told (after the fact) that it got "dodgy" at night. It does. Very dodgy. Its not unsafe- there are tons of people out and about, but they are "dodgy" people and not the crowd a single woman would want to walk around.
If you want a reasonable hotel and don't mind using the trains, etc., Barross can be fine (and, for the record, it was for us...just not what we expected). If you want to be near "it all," buck up, pay more and stay near the river.
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