Is Habbo a free online chat game

Habbo is a website on which you have an avatar. Your avatar can travel to different rooms and chat with people there. You dress your avatar in different clothes and you pretty much do whatever you want. There are news updates and other things like that. You can make your own room with special furniture and name it whatever you want. Every once in a while there is a special room that is added on for a limited time such as a twilight room or a Christmas room.