The place is good for a sop on your fay, not for a stay in Locarno.
On our Swiss trip we wanted to spend one day in Locarno, and decided to stay for a night.
Be careful, don't be mislead by hotel's photos, the building is vintage (perhaps even classic), but the condition is rather old as well.
You'll find a sink in the room and a shared bathroom in a hallway.
And if you stay here in winter be sure to grab all the warm stuff you have - it's really cold inside.
To be fare I should admit the price you pay is the quality you get - so if you're a backpacker seeking for shelter it's a decent choice, if it's warm outside.