I know very little about the place. It is in a nice area with a small business district of upper-end shops and several very good restaurants.
Eat at Lucky's just a few doors down from the hotel. Trattaria Mollie is some of the best Italien in town and it is across the street from the hotel(we like Olio e Limone downtown best). Caba is just across the street also serving "gourmet" mexican food.
NIPPERS is a very good restaurant review sight for Santa Barbara.