This place, it is an apartment/condo not a hotel.
The place was comfortable, it had 2 separate bedrooms, 2 bathrooms and a kitchen. It was pretty close to St. Mark's Square, about 10-15 minute walk. The place is especially accommodating for families or groups of 3 or more. I personally feel it was a bit overpriced, but everything in Venice is expensive, so just go in with that type of attitude and enjoy the experience.
The drawback for me with this particular type of rental, was the need to communicate with the host/hostess before the arrival, then meet at a particular location. This required me to bring my cellphone with international roaming which I don't always do and occasionally check & communicate through email a week before my arrival which is a bit difficult when traveling to other locations before arriving to Venice....bottom line though it was a comfortable stay!