This is a real gem of a property. Although it's not located right in old Prague (it's about a 20-25 minute walk to old Prague), it's pretty ideal in every other respect. For starters, it was an easy 10 minute walk from the train station. The hotel itself has recently been renovated so it was very modern and welcoming inside. The folks at the check in desk were fantastic, it was surprisingly easy to check in quickly at 10pm when my late train arrived. And last but certainly not least, the included breakfast was phenomenal, with a great selection of hot items (eggs potatoes oatmeal etc) as well as cold (yogurt, muesli, croissants, fruit salad). I highly recommend if you need a cheap and convenient place to stay in Prague!