Cheap hotels in Nove Mesto, Prague
Prague's business district, which surrounds Stare Mesto on its eastern and southern borders, is the best place to find a bargain hotel in the city center. Nove Mesto means "new town" in Czech. However, it could only really be recognized as "new" by those who pooh-pooh anything built after the 14th century. The area was rebuilt in the 1800s, so it doesn't have the Gothic grandeur of Prague's other central neighborhoods.
Still, it's got plenty of its own sightseeing draws. Home to the famed Wenceslas Square, the kitschy National Museum and some wonderful art nouveau architecture, most hotels here are less than 20 minutes away from Old Town Square by subway or tram.