I've stayed in the Sevilla Palace dozens of times over the years and it is definitely decent value for your money. I also like the 1970's style of the building super cool. The location is also solid for meetings on Reforma. That said, the place is definitely dated. It's clean and well maintained, but it's impossible to get around the fact that it was last updated a long time ago and stuff is starting to be in bad repair. I'd also update the gym; it's a time capsule of the 1980s. That said, I would (and will) stay here again, no problem. It's just not in my top 5 for Mexico City, and years ago it used to be one of my go-to hotels.