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This hotel is a business class hotel away from the old city, but very close to all public transit. I have stayed here four years straight for a conference I attend. It has become like my home away from home for a few days every year.
If you don't mind being a tram ride away from the major tourist areas of Prague (the Old City across the river, and the Castle area), this is a nice place, It's not in a tourist neighborhood (it's a hilly high-end residential and embassy neighbor hood). It's five minutes walk to a tram line, 10 minutes ...
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