We stayed there 2 nights during our European road trip, coincided with the Czech beer festival. Pros: convenient location to the tram (stops in front of the hotel, take tram 22 to Old Town, 5-7 minute ride) and the Castle (the next building to it, where the castle’s wall ends), nice and elegant breakfast in their basement’s nooks area, can buy tram tickets directly from concierge, parking although paid (13 euros a night), is the cheapest of all centrally located Prague hotels. Cons: the noise (windows have no insulation and if you room faces the street, no ear plugs will mute the noise), never experienced a noise level at the hotel from the street that high. The hotel is on top of the hill, right by the Castle.