Stayed here on a business trip--hotel is located across the street from the "Florenc" subway stop. The congress centre is 3 stops away (Vryshed) and takes only 10min to get to. Old town is about a 15min walk or you can take the subway one stop to Nameste Republicky which lands you in front of the Municipal House and stone tower to old town. No clock or iron in room but was able to get iron on request. Rooms are clean and spacious. Staff polite but not very helpful. The area is very safe even if walking back from old town at 11pm which is great!
Walking to old town is fairly easy---out of the hotel and turn right and continue straight until you reach Municipal House and the stone arched tower to old town (can't miss this). Walk through the arch tower and continue past the "Leiser" store.This will take you to old town square which is the centre and has the astronomical clock, etc. Follow the crowds to Charles bridge (walk toward the clock tower and continue, you will pass Swarovski store on right, cafe perlei on right---narrow street winds a bit but stay on your right and you will reach the bridge--takes only 2 min). There is a bank located beside the hotel. There is a McDonalds and KFC located across from the hotel to the right. Hotel breakfast is pretty comprehensive. A great place for affordable and delicious lunch (soup, sandwiches, etc) is "Baguette Bouletterie" which is across the street besides KFC--one min walk!! There is also a Pizzeria nearby (turn left when you exit hotel and it is on left side).