Clown and Bard
Matička Praha-'little mother Prague'-was largely undamaged by WWII, and the cityscape is stunning. Its compact medieval centre remains an evocative maze of cobbled lanes, ancient courtyards, dark passages and churches beyond number, all watched over by an 1100-year-old castle.
The hostel is located in Žižkov - Prague3 - area full of restaurants, bars and clubs and also very close from the centre of the capital.
This is a great alternative for travelers on a budget. The place provides many services, such as breakfast, internet, laundry... and also great entertainment as the hostel has a bar downstairs where you can chill out with a good cold beer and meet other travelers in a mellow, international atmosphere.
Price range from 250CZK to 2000CZK
Go visit them on http://www.clownandbard.com/