I stayed in the Teneo while attending a conference at Bordeaux University, which is less than 10mins walk away, making it a very convenient choice. The hotel was excellent value: a very large apartment (bedroom, living room, kitchenette and bathroom) that would easily accomodate a couple or family for a longer stay. All was clean, well-equipped and comfortable. Continental breakfast was also good value at 6 euros, and was fresh and plentiful. Note that these apartments have maid service only every 3 days (which I found no problem). The Teneo is ~3.5miles from the old town centre: 15mins by tram, or 1hr walk if the tram is on strike! The bistro opposite the hotel is recommended.