Prague has gone from a town with few good rooms to one of the busiest hotel markets in Eastern Europe. It all started back in 2001 with the arrival of the Four Seasons, which is already sprucing up its rooms and whose restaurant earned a Michelin star. Even bigger names are now starting to appear, with a Mandarin Oriental now open and Rocco Forte set to launch a Mala Strana address in 2009.
The most desirable hotels in Prague are located in one of the three major areas of the city. Mala Strana is down on the Vltava River and has cobblestone streets, a Baroque square, and the Mandarin Oriental. Old Town, across the river from Mala Strana, has a more eclectic mix of properties, including the ultramodern Hotel Josef and the Art Nouveau Hotel Paris. Hotels like Carlo IV in New Town (which, despite the name, was founded in the mid-14th century) are located in more residential areas, perfect for those hoping to avoid the tourist zones. High season runs from April through June and September through October, with slightly lower rates available in July and August.