This hotel is a three stars hotel that deserves more attention.
Located in downtown, the first value it's properly the position. You can walk to reach all major town points of interest and don't forget you have many in a town like this, that was the former capital, before Madrid.
The hotel is simple, clean, with gentle staff, contemporary interiors. For its comfort and overall services could be defined a three stars "superior".
I noticed it from the exterior in a former business trip of mine, walking through Valladolid, telling me "uuhm, I should try this next time!", but I usually choose four stars hotels or superiors.
I did it, without regrets.

A modern hotel with very nice clean and tidy bedroom. Breakfast good and the whole thing reasonable in price. There is a friendly bar where you can have a light snack and a drink. When we returned from the town late in the evening we were given complimentary bread and cheese with our drink, very nice.

A centrally located and recently renovated hotel , this was our base for a 4 day stay for fiesta week.
The hotel extremely clean ,with friendly and helpful staff. Rooms are air conditioned and the hotel has a tranquil dining area offering breakfasts and snacks.
There was some audible road noise from my room , but I will happily book again on our next visit.