Prague's business district is the best place to find a bargain hotel in the city center. Encircling Staré Město on its eastern and southern borders, Nové Město 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. Still, much of this area was rebuilt in the 1800s, so it doesn't have the Gothic grandeur of Prague's other central neighborhoods. However, Nové Město has plenty of its own sightseeing draws. It's home to the famed Wenceslas Square, the kitschy National Museum, and some wonderful art nouveau architecture. Most hotels in Nové Město are less than 20 minutes away from Old Town Square by subway or tram, making this neighborhood the best place in Prague to rest budget-minded heads.

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