This hotel is on the outskirts of the old city, so is well situated in Quito - walking distance to the Basilica, the Central Market, the Plaza del Teatro, even the Plaza Grande. Also close to restaurants, a supermarket, and bus lines.
We booked the suite, which is up 4 flights of stairs - great because it was roomy and we had a kitchen; the flights of stairs were rough because we definitely felt the altitude of Quito!
The top floor is an outdoor terrace with a fabulous view of Quito, even in the rain!
We liked it so much, we stayed 3 weeks!