I stayed at this hotel while waiting for my apartment in the city to be vacated. I was just looking for a place to stay but it turned out to be in a fairly interesting place. The steel mill has a light show almost every night and a nice beach with plenty of nearby cafes and restaurants has one of the better views. There was a mixture of dining options, I chose a pretty nice Italian place. It should be noted that Pohang is know for its seafood (it is a port) and most restaurants will focus on one kind of a seafood dish or another.
It should be noted that I speak pretty good Korean and this place is a bit away from the traditional tourist options. Since it is a bit away from the English-speaking centers I suggest learning some key phrases or going with a translation app. This hotel is about 30 seconds - 1 minute from a bus stop. The buses run to and from the main bus terminal in the city. If you want to get on an early bus to another city this would be a good place to stay. Is is about 20-25 minutes on the 130 line to and from the bus station. The train station is also on this side of the city. When I was there the front desk was staffed by someone with good-enough English to check in and ask simple questions.
Overall I would recommend this place if you get a good deal and need somewhere to stay for a night or two. Small continental breakfast was cheap. Eggs, cereal, kimchi soup, bread, and jam. Fairly standard.