I'm sure I'm in a distinct minority, but I actually like '80's slasher movies more for their atmosphere than for their special effects (which seem to look more cheesy and primitive with each passing year). Unfortunately, the eerie atmosphere of the early slasher movies eventually got overwhelmed, first by out-of-control special effects, then by talentless "scream queens" and softcore sex, and finally by cornball comedy and self-conscious parody. That's why I kind of like this film, even if it's nobody's idea of a great slasher flick or a good horror film. It has no gore and no nudity, but it has a good early 80's slasher movie atmosphere.
A teenage girl (Lesleh Donaldsen) comes to stay with her grandma who operates a hotel that was once a funeral home. Her violent grandfather has supposedly disappeared, but grandma keeps talking to someone in the cellar. Meanwhile, various obnoxious guests check into the hotel, but don't check out, and the girl and her new boyfriend start to investigate. This movie is original in that instead of ripping off "Halloween" like almost all the other slasher movies, it rips off an even older classic horror/thriller. But, as they say,if you're gonna steal, you should at least steal from the best. The ending probably won't surprise you too much, but it not entirely ineffective. The actress playing the grandma is very good and effectively scary. Donaldsen was one of a group of young Canadians that were regulars in these kind of films (Canadian tax shelter production masquerading as middle American films). She wasn't as pretty as Lisa Langlois or Tracy Bregman and didn't fall out of her clothes at the drop of a pay-cheque like Joy Boushel, but she was very good at playing "the girl next door", and this was one of her better roles.
Don't expect any T and A or gore here, but see this if you ever get a hankering for the old atmospheric early 80's slasher films.