The location is great or bad depending on what you think. This hotel is close to the central train station. It takes 10minutes by foot with your trolley. Also, this hotel has a fabulous view to see a beautiful river and dome (not the Firenze cathedral dome, this one is different).
I recommend you to enjoy top floor view while eating breakfast.
The worst thing is the breakfast. I stayed 4 nights and the breakfast was always exactly the same. And even the food was small kind and nothing to choose. If I have a chance to stay again, I will not ask the breakfast.
In addition, the location is quite far from the city centre where you want to visit the Cathedrale and Vecchio bridge. It takes more than 30minutes by foot.
Overall, this hotel is recommendable if you need a hotel close to the station and enjoy the view. Except for these two things, I do not recommend this hotel.