We got a great deal on this hotel during the off-season (about $35 per night). The room had cable TV, a minibar, phone, and lots of space. Breakfast was included. The rates seemed to increase significantly after April 1.
Highly Recommended, they attempt to take care of your every need. Close to the Subway (which is exceptional in Prague) you can easily get to all major tourist attractions.
This is the great little place I found after exploring awhile, it was an improvement over the Pension I had stayed at the night prior. Very clean and modern.