As a regular Prague-visitor, i go to this place for many years , i guess this is THE hostel for budget-travellers . Located on the corner of the Zitna street , only a 10 minute walk from Wesceclas Sq. Prices go from 450 Kr pp/pn . You stay above the office , rooms are basic & simple , no luxuory , but clean . Staff is very helpfull & will help you out with all problems. Office is open from 10 am- 8 pm . Several traditional Czech restaurants and night shops close by . Overall , a place i can recommand !