Best Answer - Chosen by Voters
You're staying in my favourite part of Prague. I used to live there (until 2003) and have also visited several times as a tourist. Your hotel is very good quality and in a nice; (partly) recently restored area, my only concern being that you are not far from the main train line south from Prague Main station and may be able to hear the trains from the hotel. You are near Vysehrad, the second castle of Prague and my favourite quiet walk away from most of the tourists (you can see them squirming on the Charles Bridge even from 2km away). You also have the botanical gardens and Karlovo Namesti nearby, and you're not far from the centre by tram. If you have more than a couple of days, then do all the guide book tourist crap in a single day (you can do the whole thing on foot in about 5 hours) and spend the rest of the time going where the tourists don't go. Go to see St Ludmilla's church at Namesti Miru, go up the TV tower (Jiri hoz Podebrad metro), walk up the hill to the communist mausoleum at Zizkov - really impressive and it might not be there much longer. See the huge cemetaries at Olsanska (metro Flora) or the old jewish cemetary right under the TV tower. As a previous answer wrote, the zoo is very good, as is the nearby palace at Troja. There are also extensive art museums in the Holesovice area (metro Nadrazi Holesovice) which you couldn't visit completely in a week, let alone an afternoon!
Some other respondents have said Prague is expensive. This can be true, as there are 3 different economies in Prague: tourist, rich Czech and normal Czech. You can determine the rip-off value of a place by the price of the beer! Over 30Kc per beer is tourist price, 22-30Kc is rich Czech, under 20Kc is normal Czech (can get as low as 12Kc if you know where to go). The price of the food is usually linked to the beer price too. If you want to eat near Old Town Square (Starometske Namesti), go into the back streets (identified by lack of tourist trap shops, not width of street) within 50m and the price will fall by 75%. Lack of a menu outside in English/German/Russian should be seen as a good sign if you want to avoid a rip-off. The price usually rises in proportion to the quality of the English on the menu too. Above all, never, ever, take a taxi in Prague unless your hotel books it for you (for example, to get back to the airport) or you agree the price for the journey in advance with the driver! If you call the hotel in advance of your arrival they may even be able to get a taxi to meet you at the airport when you arrive, if not then bus 119 from outside the arrivals terminal will get you to the end of the metro line at Dejvicka for about 40p.
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