You go to this hotel to be in downtown, in the action, walking distance from events, main st, the market, the beach and some breweries. It's VERY VERY busy in the summertime. I recommend researching what is going on in town during your stay. You may never get any sleep and be surrounded by party people. Be aware of Penticton's dowtown population of homeless and drug addicts. Sometimes they are well hidden but other times they are very present all over downtown.
Have no expectation either for the old room or the new rooms...just keep your eye close about the cleaning level of everything. I much prefer the layout of of the old rooms, more space, normal bathroom, views, storage, ease of being in the room. The new building and the new rooms are smokin'mirror kind of room..."looks modern", poor layout and design and a very noisy building. You must inspect the shower tiles before getting cozy if you are sensitive to mold. The lake view rooms are worth the money, the parksview rooms in the new building are my worst choice and disappointing in overall.
I recommend this hotel for the location...for the location only if you are there to have fun walk to everything and can deal with lots of noise, dogs and people. This is not a hotel to go for enjoying yourself and your people in beauty and calm. There is nothing relaxing about this hotel. It's about the location first.
There is 2 -3 restaurants. You have to make sure they are open, for the cost, the Hooded Mergenzer is where we put our money on food since we know by the locals that the Barking Parrot is...basic expensive pub packaging food with the cost of "the view" added...but it's the place to be if your are there to party. Take note that the light and level of music will change after 9 pm...One look at the dress code of the staff and it was clear to us. We would have enjoy that place 20 years ago. Now we want nice, clean and quiet so we will be looking for a different place but certainly recommend the Lakeside to our kids for summer party place.