It is in a great spot, very convenient to get to all major sites in Prague. Many dining options in the vicinity.
Breakfast was great, and had many options, with staff refilling items and cleaning the area on a very regular basis.
Room was very well laid out, very good size and clean.
Only one issue was that our room was right on the main floor, right beside the front desk, breakfast area, and bar. We thought it would be a much bigger issue at first, but it wasn't bad at all for us; if you like to sleep in though, then you will hear noise in the mornings.