Open since summer 2003, the Economy, which used to be called the Skåne, is located in the bustling and characterful environs of the train station – offering plenty of ‘real Tallinn’ charm but also a princely view of the Parliament building on Toompea Hill. Originally named after the nearby Skåne bastion (an ancient Swedish fortification that has long since disappeared), this new two-star enterprise has set up its quality, low-cost operation in an area previously ignored by developers – although less than 10 minutes’ walk from the Old Town’s best sights.
Formerly a Soviet railway hotel, the Economy traces its origins back to the 1920s, evident still in the carved wood panelling on the stair rails. Elsewhere the hotel’s interior has been completely renovated – with tasteful, wood-floored rooms in a simple, Scandinavian style – making it better value than many more expensive places.
In return for the low price there is a no-frills approach – no elevators or sauna. All 40 rooms differ in size and shape – go for one of the attic rooms if they’re available, with their charming low ceilings and skylights.