When we booked this hotel i saw a lot of bad reviews online (airbnb, google, tripadviser) and i didn't believe them and hoped that it will be ok, after talking to one of the staff he confirmed me that my stay will be pleasant, and it really was.
the hotel are super old and the rooms need to be renovated a long time ago but it didn't bother me too much, the sheets were clean , the toilet and bath were clean , i don't need nothing else :) we took the 8th floor room with the balcony on the Vaclav sq, unfortunately there were some renovations on the Vaclav sq but the windows of the room are good so you cant really hear the street noise.
the location of this hotel is just perfect, and value for money is great, we stayed for 8 nights , on the 6th night we drove out of town and left the room to be cleaned after we got back the room had a terrible garlic smell that came from the kitchen sink, i called the reception but they said that there is nothing to do so i just solved this problem by my self (took a towel and drown in with water to close the kitchen sink) it worked - we didn't use the kitchen at all so it was not a problem.
the staff were very friendly and kind, the breakfast was really great, a lot of choices (sweet/salty) and even a pancake station. near the hotel there a lot of shops, markets, pharmacy is just a 2 minutes away, bars, and the national museum.
i recommend to stay in this hotel but please lower your standards before you arrive to fully enjoy it.