I recieved a surprise upgraded to this hotel from the far out village. For me it was a very pleasant stay, best €15 a night room i've ever gotten! Free wifi, great view from the room, free transfers to and from the beach on request until 10pm, otherwise it's about a 15 min walk to the beach.

The hotel was very close to the beach...less than a 10 minute walk. It was about a 20 mins or so walk from town as well. The hotel room was spacious but that clearly lacked in the bathroom - especially the shower which was very small.

The room was clean but once again...the beds were very hard. Luckily after spending a day in the sun and a night out...you don't seem to care! There is really nothing else to do in Ios except for lying on the beach, watersports and hitting the bars/clubs at night.

The breakfast was pretty decent...and watch out for the wasps as they gravitate towards the honey.

Positives:

The hotel is located above one of the most popular beaches of the island.
The view is good, for some rooms it great.
It is a new building. The rooms are "modern".

Negatives:

Your room is few to many stairs up. If your room is 40 and up, you are out of luck.
You WILL have to carry your luggage up there, on your own because the hotel management refuses to hire a person at least for arrival and departures to assist you.

WiFi is promised for all the rooms, but few if any have it.
Protest and receive no response.
On a hotel that charges 120 euros per day I expect WiFi (especially when promised).

TV is not my thing during vacations. But for some is. To have poor TV reception is unacceptable. And on top of that when 9/10 of your guests are non Greeks how difficult is it to have few non-Greek TV stations (especially when offered by a Greek cable company)?

The bathroom window is sealed. I asked "why" and was told that it is "common practice." Mind you, there was no ventilator in that tiny bathroom. That means your bathroom's air comes from your bedroom. (When I say "bathroom" I also mean "toilet).

Finally, hotel management should understand that people who come to this island are likely to stay up beyond 1am at night. That means it is quite possible that they would like to sleep after say 8am. It is unacceptable that the house-cleaning stuff makes all this intolerable noise early in the morning, waking up the guests.

The hotel is situated very near the beach. The hotel offered free shuttle transfers to and from Far Out Village (where the beach, restaurants, cafes, club are situated).
There was no wifi available in our rooms, so that was sort of a let down. Wifi was only accessible at reception.
There are no lifts or anything of the sort, so you had to lug your heavy suitcases up a lot of white stairs to get to your room.
The room was reasonably comfortable with a reasonable view of the beach down below. However, the bathroom could be improved. The shower definitely needs an improvement in my opinion. The shower was too small, and I kept bumping myself against its walls. It was a bit a struggle learning how to get the right water temperature. It also seemed as if there weren't a lot of hot water at times.
No point watching TV, as there wasn't a lot of channels to watch in our room.
The people at reception were always making personal phonecalls, when I went down to see them, so service could be improved.
The only great thing about this hotel is the location in regards to its proximity to the beach.