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Lisbon in February 2014

I have just booked flights for 3 days/nights stay in February 14 (half term) for Lisbon.
Now I am in a search of reasonably priced hotel with breakfast (breakfast is a must as going with my 2 boys - 9 and 15 years old). I would love to stay somewhere centrally but also with a good transport links to the airport. I read somewhere a while ago that Lisbon airport has metro which takes you straight to the centre so there is not need to book any transfer. Can someone please confirm that?
And if you have any suggestions for a nice not very expensive hotel?
Thank you
2014 - Lisbon - February
Grand Canaria - July

learning Spanish with Duolingo - day 20

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