Hotel Jalta, Prague $$$$
Concierge.com's insider take:
The rebirth of this onetime eyesore is a beacon for the rest of the city's Communist-era architecture. A Stalinist monstrosity just a few years back, the Jalta is now positively vibrant, down to the authentic Warhol print of Franz Kafka in the lobby. Even the smaller rooms manage to feel quite plush: Double beds are piled with eight fluffy pillows, and all of the 94 rooms open onto balconies. If you can stand a few imperfections (crooked prints on the walls, cracks in the new plaster, indifferent but not unfriendly service), the Jalta is a good value. Its location on gritty-by-night Wenceslas Square is convenient to the city center, tramlines, and the metro, making the Jalta one of the best-connected addresses in town, and especially advantageous for exploring New Town, Vinohrady, or Zizkov. The pan-Asian and Czech food at the downstairs restaurant, Hot, can go hot or cold, but the decor and atmosphere—especially the terrace facing the action in Wenceslas Square—are among the best in New Town.