We stayed at the hotel on a few short occassions when passing through Paris. It's very good value for the level of quality. The service was good and responsive. Some rooms are smaller than others so if you will have big bags do ask for a larger room to make it comfortable. The only suggestions I have for the hotel are i) get new irons the current ones leak and ii) think about capsule coffee machines in the room given your star rating!
The neighbourhood is great - you can walk into Bastille and Le Marais in 20 minutes and it's very close to the metro to get anywhere in Paris. It's not as touristy as other parts of Paris which we appreciated. There are loads of bakeries, butchers, supermarkets, pastry shops, restaurants, etc. etc. within 200m of the hotel so you'll be spoiled for choice.