Good location but the Panda is an older hotel needs refurbishment (especially bathroom). At $100 a night I do not feel that this hotel was a good value. The hotel appeared to be geared to tour groups and budget business travelers. The best thing that I can say about the Panda is that there is a super restaurant--Shan Yar Yoe--nearby.
The previous week my wife and I spent six nights at the nearby Taw Win Hotel; the rate was $50 more per night, but the Taw Win was new and EXCEPTIONALLY NICE--great staff, beautiful, spacious rooms, several very good in-hotel restaurant choices, extensive, high quality breakfast buffet. The Taw Win was five stars and a great value; the Panda was two stars at best and a poor value.