Not the best budget hotel in town, but the location is tough to beat. The no-frills Downtown Hotel sits right in the middle of Innenstadt, surrounded by all the gay bars, restaurants, shops and everything Frankfurt has to offer.  Guest rooms are simple but offer free WiFi, fridge and TV.

Nearby sights include the Hauptwache, Museum fur Moderne Kunst and Frankfurt Stock Exchange. Popular gay bar Zum Schwejk is just steps away from the hotel.