We have just booked 4 nights in June at the Best Western Orion
http://book.bestwestern.com/bestwestern/priceAvail.do;jsessionid=C277BE81F930592C5C398D05E662E41D?propertyCode=89308&disablenav=
We got an early web special, which means we are paying 336 Euros for the week, instead of the standard 448 Euro. This includes breakfast.
We thought it was very reasonable as it work out £2 more expensive than the lastminute.com deal for the same place, which doesn't include breakfast. Plus we get a king size bed
The location as far as I can see is perfect, right by the castle district.
Only 225 euros for 3 nights double room - though only room only. Breakfast on offer for 8 euros pp.
Will do a Budapest review on my return.
Was in Budapest 1st May . spent 3 nights there and thoroughly enjoyed it . Stayed at the City Ring Hotel on the main street , comfortable rooms and breakfast had a good choice.
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