Looking for a reasonably priced hotel in Hong Kong that is suitable for a family with two small kids (aged 1 and 3). All suggestions for hotel/guest house/B&B etc are welcome.

There's a YMCA in Hong Kong located in the heart of the city. They have a family suite. Here's the site: www.asiatravel.com/hongkong/ymcasalisbury/

Thanks!

frommer's has hotel listings that can be sorted by price range.
www.frommers.com/destinations/hongkong/78_indacc.html

Assuming you haven't left yet - take a look at ctrip.com. They have an English site for the language impaired, along with English speaking operators (just don't try to engage in lite banter). In addition to booking tickets, looking at the seasonal prices +/- 30+days, you can also book hotels through ctrip.

Thanks laotou for the ctrip link! We have left, staying in the YMCA in Hong Kong at the moment, but will travel more in China soon and will definitely use ctrip then! Cheers!

According to my knowledge Hotel Safari is the Best for you. thanks

Seems you're already there but I definitely recommend Rent-A-Room Hong Kong in the Jordan area for future trips, which can be booked on Expedia. It is about the price of a Best Western and while the rooms are small (typical anywhere in HK) they are immaculately clean and the staff is also very friendly. Free Wi-Fi, business center computers in the lobby area, and plenty of great food nearby.

For next time, AirBnB has great listings in Hong Kong that are much more affordable than most other accommodations and much nicer than the hostels.