"Old River" is located in a very nice area that's perfect for families with (small) kids, as there are no clubs surrounding it, which allows everyone to sleep peacefully. However, it's not far away from the center where all the nightlife is happening, and it's a two-minute-walk to the beach, which is great.
One thing that bothered us a lot (especially since we were not told beforehand) is that you can't bring your own sun umbrella (of any kind) and if you want shade at the beach, you have to spend 20euros per day to get one of those. That was pretty upsetting, as it said in the description that they would have sun umbrellas for free, but as it turned out those are only meant to stay at the pool.
**This has nothing to do with the hotel, but is regarding the area itself: They don't tell you this, but in most of the restaurants you have to pay for the cutlery and crockery which you use while eating. We paid 17euros for the three of us only for using forks and plates. So my suggestion is to take your food to go and eat it somewhere else. **