This is a very affordable hotel (I paid 51$/night for two nights, for a single room about a month and half in advance) located within walking distance to important tourist areas, such as Old Town Square (~ 20 mins) and Prague Castle (~ 30 mins). There are many eating places and markets around. My single room was relatively large facing the street, had a build-in sofa bed, in addition to the actual bed. They have electric kettle in the room with tea bags! Huge plus for me! Many more expensive hotels don't even have kettle in the room! However, NO A/C!!! If A/C is a must for you, don't stay here. But the fan worked fine for me and it wasn't hot the couple days I was there. Though A/C is not common in CZ, it is 2015, it is time to update rooms with A/C. More importantly, breakfast is complimentary! All the regular stuff (e.g., juices, bread, yogurt, museli, tea, ham, cheese, eggs, vegetables, etc). Is not fancy, but it'll fill you. Again, I have stay at more expensive hotels that don't even include breakfast! My train left early before breakfast starts, they prep a brown bag breakfast for me to take away. That is a nice gesture. They do charge 8% commission if you want to exchange for CZK in the hotel. 8% won't make a huge difference (about 1 can of soda), so if you want convenience, do it in the hotel. If not, you can get that can of soda back by exchanging outside. !