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Cheap Prague Luxury Hotels

Prague offers hotels that are a match for the standard of quality found anywhere in Western Europe, but the Prague hotel prices are often on the same level too. That means that you'll have to look around quite a bit if you want to find cheap Prague hotels offering high level standards at budget prices. Since most travellers usually choose to stay in or around Prague Old Town (Prague 1), it's not easy to find bargain priced hotels there. But some parts of neighboring districts are often closer to top attractions and entertainment, so great hotel deals can still be found when looking in these locations.

Here are five cheap luxury hotels in Prague, with budget prices, that offer great value for the money. These are cheap Prague hotels that should meet the needs of the tastes and budgets of a wide range of people. All are within easy access of the center, either by tram, metro or walking. We'll continue to update this list as we find more excellent value for the money hotels in Prague. Please note that prices are approximate and can change based on availability of rooms and the time of the year you visit. The end of the year Holiday season is the most expensive time of year, and during that time prices are typically 50% - 100% higher.

The cheapest rates are more readily available when booking well in advance or at the last minute. During the winter months, from November to March, the hotels generally offer low-season rates, which can be 30-50% less than the average summer prices.

Eurostar David ****

Prague 2
Price for double room: 45 - 75/night
Value for Money: 10/10
Location: 9/10
Comfort: 8/10

This four-star design hotel is located just one block from Prague 1 / Nové Mesto (New Town), but the fact that is has a Prague 2 address means it is cheaper and is therefore one of the best cheap Prague hotel deals we've found. Just a ten minute walk from Charles Bridge, 15 minutes to Old Town Square and only two blocks from the Vltava River and the Dancing Building ... MORE »

Strong Points: Large rooms with plasma TV and satellite channels, big comfy beds, large marble bathrooms. Big comfortable desk with free wi-fi. Sauna and fitness center.

Hiccups: The reception is rather basic and as the hotel seems to be popular among groups of more than 2 or 3 people, from time to time there will be a lengthy wait at the reception as there is only one person working there. The hotel also asks you to leave the key at the reception when you go out, presumably so the housekeeping can access the room for cleaning. But the housekeeping has their own keys, which you will sometime notice if you like late mornings and haven't yet mastered the controls to the low-tech, traffic light style, "do not disturb" lights displayed in the hallway next to your door. At first glance the hotel seems rather like a 4-star pension, but by the end of your stay you'll probably feel, as we did, that you have discovered one of Prague's hidden gems.

Appropriate for : First time visitors to Prague, weekend getaways, budget travellers

Residence Belgicka ****

Prague 2
Price for double room: 65 - 105/night
Value for Money: 10/10
Location: 7/10
Comfort: 10/10

Prague offers many residence apartments that are designed for a luxurious, comfortable stay in a private apartment that also offers the amenities of a hotel (maid service, reception, etc). Residence Belgicka offers service and standard that are equal to the best of these, in an accessible, quiet, residential setting ... MORE »

Strong Points: Large, luxuriously furnished apartments with stereo, DVD player, kitchenette and free wi-fi. Sauna, Fitness Center, Billiards, borrow DVDs for free from the library at the reception. Located in the upscale Vinohrady neighborhood with its cafes, restaurants and nightlife.

Hiccups: Some rooms don't include a real desk, but the dining table works out just fine. Fifteen minutes walk to Wenceslas Square, or ten minutes by public transportation (Metro: 2 stops to Old Town).

Appropriate for : Business travellers, romantic weekends, long stays, honeymooners

Hotel Le Palais *****

Prague 5
Price: 125-150/night
Value for Money: 10/10
Location: 7/10
Comfort: 10/10

Located in a quiet corner of Prague's Vinohrady neighborhood (Prague 2), Hotel Le Palais offers true luxury at an unbeatable price. A romantic setting, big luxurious rooms, excellent service and on-site facilities in one of Prague's most upscale neighborhoods ... MORE »

Strong Points: Luxurious rooms, excellent restaurant and fitness center, free mini-bar with free refills. The surrounding Vinohrady neighborhood is home to many of Prague's excellent restaurants and its more upscale nightlife. Top quality standard on the level of international five star hotels.

Hiccups: wi-fi internet access is charged at high rates. 20 minutes walking distance to Wenceslas Square but public transportation is close by. When you are in the mood to splurge, taking a taxi to the Old Town costs about 150CZK (6)

Appropriate for: Romantic weekends, honeymooners, business travellers, repeat visitors to Prague who want to see more of the city

Andel's Hotel ****

Prague 5
Price: 70-140/night
Value for Money: 9/10
Location: 7/10
Comfort: 9/10

Located in the Andel neighborhood just across the river from the Dancing Building, Andel's Hotel is situated in an area with lot of shopping, restaurants and nightlife, two cinema complexes and excellent access to public transportation. It's a 15 minute walk to any major tourist attractions, but a ten minute ride on the tram or 3 stops on the metro will get you to both Mala Strana and it's noted restaurants, or Prague's Old Town and Wenceslas Square ... MORE »

Strong Points: Quiet rooms, in-hotel restaurant, excellent breakfast buffet. International cable Tv includes many English language channels and movies. Quality standard is on the level of international luxury hotel chains. A wide variety of room sizes are available, including apartments with kitchenettes. Sean Connery once stayed here for an extended period while filming in Prague.

Hiccups: wi-fi internet access is only available in room for an additional cost. Prague Old Town and other tourist attractions are not within easy walking distance. But the hotel is adjacent to Prague's excellent public transportation.

Appropriate for: Business travellers, nightcrawlers, repeat visitors to Prague who want to see more of the city

Hotel Carlton ****

Prague 3
Price for double room: 45 - 70/night
Value for Money: 9/10
Location: 7/10
Comfort: 8/10

A four star hotel with moderately sized rooms, nice bathrooms, in-room coffee and tea maker and mini-bar. Although it's located in Zizkov (Prague 3) in a very typical Prague neighborhood, it's just a five minute walk from the upscale Vinohrady neighborhood with it's restaurants, parks and nightlife as well as the Prague TV tower and the Palac Flora shopping center. A tram stop is located just 100m away that runs straight to the Main Train station (2 stops), Wenceslas Square (4 stops) and Palac Flora Shopping Center (1 stop). For those wanting to explore Vinohrady, see a traditional Prague neighborhood and stay away from crowds of tourists, yet still have easy access to the center Hotel Carlton is a top choice ... MORE »

Strong Points: Very quick access to the main train station, walking distance to the Prague TV tower and Vinohrady. Very good breakfast buffet is included in the price. Because of its Prague 3 location, this hotel often has rooms available when other good value for the money hotels are fully booked.

Hiccups: The sound-proofing on the hotel room doors is not that good, so if you're a light sleeper, in the mornings you'll hear some doors opening and closing

Appropriate for: First time visitors, night crawlers who want to visit Vinohrady and traditional Czech restaurants and pubs, business travellers, repeat visitors to Prague who want to see more of the city.