A lovely traditional riad in the heart of the medina, only five minutes' walk from the Jma el Fna Square. Prices are very reasonable and the rooms are smallish but lovely, all around a relaxing quiet courtyard. When you arrive you will be greeted by a welcoming tray of mint tea and friendly staff.
Updates
We stayed here in September and found the staff rude, the room extremely basic and the breakfast very stingy. The building is beautiful but what a let down. I would recommend spending more and staying somewhere better. It's worth it.
Is this your business?