This is a great hotel in a convenient location. It's easy to walk to tourist spots and to public transportation. Parking is not easy here, as reception will provide you a map with areas marked off. Then you have to drive around until you find an open spot.
The room was large and gorgeous, with exposed wooden beams and views of the river. The bed was very comfortable and there was color changing options for the lights. That being said, the lights never fully turned off and always left a "nightlight" type of glow at night.
The hotel has free breakfast and light lunch options. There weren't a lot of options, but it was a nice touch.
One thing I would recommend is to always lock your door in your room. One day when we came back for lunch, a worker knocked on the door and simultaneously let themselves into our room. They apologized and we mentioned it to the front desk, so hopefully, this won't happen again.
Everything considered, I'd recommend this hotel and stay again if in Prague.