A top notch hotel for the price (360-450Dh), it’s well positioned in the medina area, five minutes from the Djemaa. Formerly a riad (probably a merchants’ townhouse), you take breakfast at wrought iron tables in the Moorish courtyard, surrounded by potted palmtrees and flowers and the usual gloriously carved window and door-frames, with vines hanging from the wickerwork "roof" (more for shade than rain, I suspect). Breakfast (agree in advance each day what time you’d like it, varying from about 7:30 to 10am) comprises very good French bread with jams, eggs (sometimes boiled, sometimes scrambled), thin Moroccan pancakes (beghrir), and juice (marks off that it’s squash and not fresh).
The rooms are comfortable with tiled floors with colourful rugs or kilims, old sepia Moroccan photos on the walls with cedar-wood or bronze frames, and bright Berber cushions on the bedspreads. There’s also a sort of terrace on the top (third) floor, with fair views of the Koutoubia minaret for watching the sun go down.
Not surprisingly, the hotel’s booked way in advance, but there’s a twinned guesthouse operating under the same name just around the corner, which is also very good for the odd night (and slightly cheaper). This one is just down a tight and narrow road off the Zitoun el-Qedim, whereas the original Sherazade is right on the Derb Djamaa (though that's not that big a street either), so front facing rooms can suffer from a bit of motorcycle traffic noise.