We've stayed at this hotel last summer. Five nights at around $100 per night. The hotel itself is beautiful. It's in a very good position, just a few steps from Republiky Namesti, which gives you access to the subway. As already noted, there is a supermarket right next to the hotel, which is very convenient. The old town is very close, and it's just a 15 minutes walk to Charles' Bridge. No mention of PL at check-in, but the hotel was full when we arrived, so we were assigned a smoking room with a king size bed. It was really smelly, so we asked if we could be moved to a non-smoking room, and they told us they would do that on the following day, since a couple of large groups would check out, making some non-smoking rooms available again. The promise was kept, and the room we received was very similar to the one we stayed in the first night, only without the smell. :) Rooms are large and clean. The bed was very comfortable and the air conditioning worked very well. Bathrooms were of adequate dimensions, very clean, and equipped with standard amenities and toiletries. Both the doorman and the concierge were very nice. The latter (a nice young lady) suggested a couple of restaurants and reserved them for us. We didn't find that eating in Prague was expensive at all. Unless you choose the "fanciest" restaurants, eating is pretty cheap. We went to "Nebozizek" on Petrin Hill, a very nice restaurant with a great view of the city, and spent something like $18 per person. Same thing at "Seven Angels" in the old town, which is the oldest restaurant in Prague.. very good prices. My favorite restaurant was "Metamorphis", which is right behind Tyn's Church. There is a Pizzeria at ground level but the "real" restaurant is downstairs. Very nice, very good food, great service for under $40 per person. Also, if you want a nice and cheap breakfast close to the hotel, go to the Caf