Prince Hotel Hong Kong?? Good?!?

Accommodation in Hong Kong is generally more expensive than most of other Chinese cities. Most of the cheap lodgings are located in remote areas of New Territories.
Here is a hotel list for your chioce:
http://www.chinatravel.com/hong-kong/hotel/

you talking about Marco Polo Prince in TST?

If yes, I stay there everytime I go to HK. It's very convenient: part of the Harbour City and Ocean Terminal malls; walk out the front door, ferry terminal to China and Macau on your right, MTR just two blocks straight, ferry to Central and WanChai just a few blocks left. It's just on the edge of TST so traffic is still ok if you ever take a taxi. If I remember correctly, 7-11 just across the street to get snacks, smokes, drinks, etc. I don't eat in the hotel though, because there is a food court just inside Harbour City (3rd floor) and food there is cheap and good, plus there are tons of restaurants inside the malls and across the street.

http://hongkongprince.marcopolohotels.com/

it's a 4 stars hotel in HK under the Marco Polo group. so not bad~~~ it has been renovated. upstairs of the largest mall in HK = Harbour City.
http://www.harbourcity.com.hk/

so v convenience.....tons of nice restaurants both local & western.

http://answers.yahoo.com/question/index?qid=20081208020728AAOqSvb