This place is a really good deal. It is clean, the lobby is nice, and it is right on the strip. You can get a big suite (2 bathrooms, 3 beds - fits at least 6 comfortably) for a very reasonable price. Having a kitchen is also awesome - full fridge for all your booze, and coffeemaker (notice how most hotels don't give you a coffeemaker these days?)
2 bathrooms is kind of crucial for bachelorette parties, and aside from the rooms that are like $1,000 a night there aren't many 2-bathroom options on the strip. I've stayed here twice now, and had good experiences both times. It's very close to Aria and Cosmopolitan.
One drawback is that cabs don't come as frequently. Take this into account when planning to get to clubs/events.