Wonderfull place! We stayed for 5 days there and never had any complains. Only one minus - the small road under the windows. So, it's a bit noisy at the mornings. But we didn't have time to sleep - Prague is a place to walk!!! - so it didn't bother us.
Special thanks to Mr. Predrag Cvetkovic - I'm not sure whether he is owner or not, but he is there all the time - he makes an atmosphere in hotel very cosy and comfortable.
BTW, it is only at 5min walking distance form metro station Andel and tram station, so it takes not more than 20 min to get to the historical center.
Enjoy your stay in Prague!
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