FlyerTalk Forums - View Single Post - New Hyatt Prague (property went to Starwood)
Old Dec 12, 2014 | 7:01 am
  #7  
FD1971
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Originally Posted by FlyingDoctorwu
Most likely this would be a PH brand I would think.. unless they went with perhaps more of an Andaz concept here... The FS is quite good in Prague, so the PH brand might face stiff competition here....

FDW
Exactly, so we are talking about a Cat.5 and low rates in off-season around $500

Of course, every new hotel in Europe is 'more than welcome' (no pun intended...) but what we really need is a solid Regency priced at € 120 and a Hyatt Place 30-50% chaeper.

Places like Budapest, Prague, Bratislava or Sofia have lots of really good 5* hotels priced around € 100, so I see very limited value in paying a 300-400% premium for a hotel, which is a little bit nicer...

The difference pays for two massages at the best spa in town plus two very good dinners and wine in the best restaurant in Prague...
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