Daniels location is surely one of the best for a short visit to Prague (as we did) as well as for a longer period. It's nice, tidy, immidiately gives a familiar feeling. It is located very close to the center (5 min. walk) of the city and has a lot of realy lovely cafes and restaurants nearby, not to say "just around the corner".
It is absolutely recommandable, to anyone up to 4 persons.