This nice hotel might not be as grand, or warrant that coveted 5-Star rating like some other hotels in Karlovy Vary, but it's still really nice! Furthermore, all those other hotels are still just as old as this one is. There's nothing newer than say a 100-year-old building in this city.
I was told once upon a time this hotel was a school with dorm rooms, which was explains a lot. It has a really cool old-school elevator, a small lobby bar, a very nice dining area to enjoy the complimentary breakfast buffet, and an overall warm and inviting feeling.
Fair rate for the area, spectacular views and ideal location to tour the city center. If I tried hard to find a negative aspect to it, it might be the limited parking area, but that's just the nature of the beast really. Ten Euros per day for parking, which isn't out of the ordinary.
We liked it, were totally satisfied, and would definitely stay here again in the future, and so should you.
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