I didn't feel like trying the international chain of hotels and went for a well located Ryokan. Taito Ryokan is not the most modern place in the world but as you can see on their web site, it's neat, clean and well located.
If you party all night and just care about being able to walk home...who cares !
The staff is very friendly and the customers from all over the world.
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Just wanted to inform you that new TOKYO RYOKAN ( www.tokyoryokan.com ) was born on January 23rd 2006. Satoshi / Kenichi at TAITO RYOKAN ( www.libertyhouse.gr.jp )
Unique Qualities: Great location, friendly staff and OK rooms.
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Theme: Hostel
Comparison: least expensive
Prices: US$20-40
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Phone: 090-5321-3599
Address: Nishi-Asakusa 2-1-4, Taito-ku, Tokyo 111-0035 JAPAN
Directions: Easy access station is Tawaramachi (3 minutes walk); See map on their web site;
Website: http://www.libertyhouse.gr.jp/