We had a great time at the Sofitel. We booked through Expedia, as that was cheaper than anywhere else. It still wasn't $50, but for us it didn't need to be. We sprang for a "deluxe" room, which was plenty big enough for the two of us and our friend. The bathroom was both larger and nicer than our at home (yep, it's definitely time to remodel). They gave us a room on the 16th floor with a nice view of the city. The bed was superb, and the little chair-y bits (which could be fit together to form a chaise longue or pulled apart to make a chair and ottoman) were quite useful for our activities. The floor-to-ceiling windows provided great light. With our altitude it was nice to leave the curtains open for better visibility during our afternoon activities.
The location was convenient for the Peel metro stop, Cavalli and other clubs, some nice restaurants (Europea, e.g.) and, of course, shopping!. The lobby is quite small, but I can't imagine one's friends would have any trouble coming and going as desired. Our friend claimed it was one of her favorite hotels to visit.
All in all we liked it enough to plan to go back.