The five-star hotel and the famous Waldstein Restaurant are situated in the historical centre of Prague with bellow the Prague Castle.

During the reconstruction all the historical elements such as the plastering, painted ceilings, floors, valuable baroque roof construction were preserved and restored to their original condition. The hotel is furnished with fitted modern furniture and the design seating. Brazilian Nero Marinace illuminated stone highlights the bar and hotel reception desk. The courtyard is covered with a special light glass roof construction.

Three floors are connected with a glass elevator. Each room is original and some have glass bathrooms and some are fitted with a special cube unit containing a bathroom.

The well-known restaurant Waldstejnska hospoda has been also reconstructed with a new fresh look.