Location is great if you need to be near the station or to get quickly to the airport, tho not for visiting Lisbon as it's in a grungy spot across from the bus station. I think the hotel is geared towards 20-somethings that just want to drink/party.
When I arrived there were 7-10 workers facing the front door at the receptionist bar. Not one staff person looked up to greet me. I walked up still nothing. I said hello, I'm here to check in. They looked at each other and eventually decided which one would assist me. Definitely not a welcoming group.
The focus of the lobby is the huge bar/reception desk. You can have their signature cocktail upon arrival. No detectable alcohol. I'd rather have complimentary coffee/tea in the room or lobby but they don't offer either option. You have to get it at the bar for €2.50.
The room was fine tho there was a lot of black hair on one of the beds. Disgusting. Luckily I had the second bed to use. I paid the extra for "city view", there is no view, it's of the bus station. Don't bother.
Not a hotel I'd come back to as I'm over 23 years old and a bar isn't my circle of life.
Give me a regular hotel with friendly customer service, a clean bed and complimentary coffee before my morning flight and I'm happy. This hotel offered none of those things. I've stayed in €20 hostels and $200 hotels nearby as I travel frequently and have had much better experiences at all of them.