The only real downside (a minor one) is that the hotel is a bit hard to find. Prepare to park as close as you can to the center of the old town, then find the hotel on foot before you retrieve your bags. Once you find it the first time, it’s easy to get around—the hotel is as close to the beautiful central square and the cathedral as you could ask for, unless you spring for the Parador, which looked a bit stuffy to us.
I highly recommend this hotel. Our room (a standard double on the top floor) was very comfortable: an enormous, firm bed; a comfortable sofa; a smallish but adequate bathroom; and a fridge. We slept very well all 3 nights of our stay—and took an uninterrupted siesta or two as well. (We followed others’ advice and asked for a room on the top floor and we’re glad we did, because the walls are quite thin, and we needed ear-plugs to block out conversations in the next room; that worked just fine, but if we’d had people walking across floors above us as well it might have been less pleasant.) Wifi was excellent. Veronija (sp?) was terrific. She’s very warm, friendly, and welcoming. She also sent us to two terrific restaurants. Taperia Antique was an excellent Spanish/Asian fusion place. It was really good, but Zeitum was simply off the charts. The chef serves upmarket, creative, Manhattan-quality meals, but at less than half the price you’d pay for this level of dining in New York. (The salmorejo was better than anything we had in Cordoba, which is identified with that dish; the goose-liver mousse coated in black truffles and topped with chocolate shavings—to die for! Try the cabrito, too.) We ate there twice, and found it truly extraordinary. Breakfast at the hotel looked OK, but possibly not worth 5€ apiece, so we had coffee and pastries at a pastateria in a small square behind the Ayutamiento, which was perfect for us. You can pay for off-site parking from the hotel, but we easily found it on the streets nearby—if you get lucky you can even park right across from the hotel (we just missed a space one day). Ubeda is a tranquil, pleasant town (much more interesting and prettier, we thought, than Baeza). Be sure to visit the recently excavated synagoga, which is breathtaking, but be prepared for a Spanish-only tour. There’s enough Renaissance architecture in town to keep you occupied for a couple of days.