For the price it was worth it. The location was great! The 24 hour reception was useful if coming in before check-in time. We arrived on the overnight train so got into Prague at 8:00 am. Went to 24 hour reception, left our luggage, and enjoyed Prague for a few hours without carrying bags around. Only thing we didn't realize is the laundry is at the 24 hour reception location not where our apartment was. Didn't feel like lugging laundry around town didn't get to utilize this. If we had known, we would have done laundry right when we got into town and dropped our bags. Not a huge deal, but useful to know for future backpackers! :)