Charles Bridge. The Charles Bridge (Karlův Most) connects the Old Town with Lesser Town. Commissioned by Czech king and Holy Roman Emperor Charles IV and constructed between 1357 and 1402, it is one of the most interesting historical stone bridges in Europe. It is 516 meters long with 16 arches. Baroque statues (a total of 30) began to be placed here in the 17th century. The best time to visit the bridge is in the quiet morning or in the evening at sunset, when one can enjoy a view of the fully lit Prague Castle. edit
Child Jesus of Prague. The famous statue of Child Jesus of Prague  can be seen in the Church of Our Lady Victorious of Discalced Carmelite Order in Karmelitská Street. This image of Christ, known also as the Holy Infant of Prague, is among the most widespread religious images in the world. The statue was brought from Spain in the 16th century and given to the Carmelites in 1628. It is 47 cm high and represents Jesus as a Child and King. The statue is carved out of wood and the surface is modeled in coloured wax. The entrance to the church is free of charge.edit
Petrin Hill. Due to a housing crunch, most young Czechs don't move out of their parents' house until they marry (sometimes long after!). This lack of privacy leads to some very public displays of affection - what you see on the metro or trams won't compare to what you’re likely to encounter on Petrin Hill. This hillside slopes down from the Castle and Strahov Monastery to Mala Strana and Malostranske namesti metro station. It affords an amazing view of the city on a clear day, and in springtime the trees are all in bloom. This is possibly the nicest place to kick back with a bottle of wine and your significant other to watch the sun set over the city. Just be careful not to trip over the modesty-lacking couples who will probably already be there. In a city filled with apartment buildings and only a handful of single family houses (almost all in the diplomats' favored housing area, Dejvice, and priced far above the average Czech family's wage) parks take on a greater importance. Petrin has a miniature Eiffel Tower that offers a nice view over Prague and its suburbs. The most famous "inhabitant" of the park is a statue of poet Karel Hynek Macha, at whose feet lovers leave wreaths every spring in honour of his romantic poem Maj. edit
Go up the Petrin Observation Tower for a worthwhile view over the city for 105 !Kč (reductions 55 Kč, using the elevator costs 55 on top of the 105 entrance fee).
Watch the night sky with a big telescope from the Stefanik Observatory (40 Kč).
Children of all ages like the distorting mirrors in the Mirror Maze on Petřín Hill.
Prague On Segway, Masna-9 (200m behind Old Town Square), ☎ +420 777 027 708, . Prague On Segway is the only Segway tour company in Prague offering entirely Private & Customizable Segway tours. With Prague On Segway you can choose from 4 unique Segway tours or even design your own tour. Prague On Segway shows you Prague from an amazing Segway perspective and makes sure you have a wonderful time. Enjoy!edit
Franz Kafka Gift Shop, Nerudova 216, Praha 1. Nice little gift shop with mainly Franz Kafka souvenirs but you can find there also some Prague-themed items. More affordable prices than in Old Town, less crowded and especially offers more original and peculiar items.
U Zavesenyho Kafe, Uvoz 6, Praha 1.  U Zavesenyho Kafe on Uvoz near Hradčany square is one of the very few restaurants in the tourist area of Prague with a quirky atmosphere that isn't excessively touristy. Offering food at reasonable prices and serving good, modest food. A great place to have lunch while exploring Hradčany and Petrin Park, it's conveniently located in the middle between these two tourist attractions.
Restaurant U Zlatých nůžek, Na Kampě 6/494, Praha 1, tel. +420 257 530 473 . Open every day 11AM-11PM. Our stylish restaurant offers a wide selection of Czech and international cuisine including first-class Moravian wines. Enjoy the unique atmosphere of calmness in the centre of Prague with its beautiful view of the Charles Bridge and enjoy the garden in front of the hotel during the summer season (May-October). The restaurant is suitable for family gatherings, company events and wedding celebrations.
El Centro, Maltézské Náměstí 9, Praha 1, tel. +42 0257 533 343, email@example.com . Open every day 12PM-12AM (Last orders at 11PM). An excellent little restaurant located near the Charles Bridge, but tucked behind a couple of other buildings. It's a typical Spanish restaurant, has a very friendly atmosphere, good prices and isn't crowded. Also, it doesn't have any hidden charges such as service taxes which are common in Prague. English menus and takeout available. Mains 90Kč-350Kč.
Malostranska Pivnice, Cihelná 3, Praha 1.  Near the Charles Bridge. Traditional Czech cuisine. Sometimes you get a hand written bill with a service charge. Do not pay it. Tip only as much as you like.
Bar Bar, Vsehrdova 17, . Arty place with reasonable prices and tasty crepes.edit
Baráčnická Rychta, Tržiště 23/555, ☎ +420 257 532 461, . A classic pub near the sloppy streets leading to the Prague Castle. They serve an excellent Svijany beer and their Moravian Sparow, potatoe dumplings, spinach is famous throughout the city.(50°5'16.451N,14°24'0.788E)edit
Česká hospoda, Malostranské náměstí 11 110 00 Praha 1, ☎ +420 603 780 265, . Excellent Czech food and beer, at reasonable prices. Very atmospheric location, mostly underground.Moderate. edit
Peklo, Strahovské nádvoří 1/132 Praha 1 - Hradčany 11800, ☎ + 420 220516652, . 1200-2300. Restaurant set in the vaulted wine cellars of the monastery. Peklo means Hell.edit
U Glaubiců, Malostranské náměstí 5, Prague 1, tel: +420 257 532 027,  Classic Czech pub, serving some of the best and cheapest beer in Malá Strana, normally one of the most expensive areas of the city.
U Malého Glena, Karmelitská 23, Prague 1, tel: +420 257 531 717 . American-owned bar with live jazz downstairs nightly. See video of this bar.
Dobrá trafika, Újezd 37, Prague 1, tel: +420 732 852 364 . Cosy cafe near Kampa with nice atmosphere, small garden and variety of small snacks and hot drinks. The cafe is located behind a newsstand (in Czech - trafika).
Cafe Club Ujezd, . Kind of an odd bar in Mala Strana. Interesting art on the walls and ceilings. Even more interesting clientele. Cheap beer and a great place for groups. edit
The Castle Steps. Nerudova 7; tel. +420 257 216 337; firstname.lastname@example.org; The Castle Steps accommodation is right at the foot of Prague Castle. Prices for two people range from €68 per night in summer and €46 per night in winter for the smallest rooms to €170 per night in summer and €114 per night in winter for a luxury self contained apartment. Most rooms have antique furniture and oil paintings.
Hotel Sax, Jánský vršek 328/3. 4 star vintage design hotel. Hotel Sax is the ideal place for tourists as well as business travelers. Every room or suite has an original appearance: design of the 1970s, furniture of the 1950s or 1960s.
Nerudova Apartment House, Nerudova 40, tel. +420 224 990 900, email@example.com . All apartments are fully furnished in standard way. A spacious living room includes a fully equipped kitchenette and a dinette. Maid service twice per week. Prices vary according to the season and type of apartment, from 50€ for one bedroom apartment to 150€ for large three bedroom apartment.
Pension Dietzenhofer Nosticova 2, (tram 12, stop Malostranske Namesti), firstname.lastname@example.org . The main house is a cute green building dating from 1572. Rooms and suites there start from 1500 kc for a single. The flat, which sleeps up to 4, is a great value for backpackers at 1800 kc/night. It has a fully equipped kitchen, dining room, bathroom, and is located on Karmelitska, a main thoroughfare in Lesser Town.
Alchymist Grand Hotel and Spa, Tržiště 19, tel: +420 257 286 007 . Very luxurious, and rather expensive hotel located across the street from the U.S. Embassy.
Mandarin Oriental Prague, Nebovidská 1, tel: +420 233 088 888 . Part of the Mandarin Oriental chain. Very expensive.
Best Western Hotel Kampa, Všehrdova 16, ☎ +420 257 404 444 (email@example.com), . checkin: 2:00PM; checkout: 12:00PM. Authentically decorated hotel evokes the splendour of the 17th century and welcomes its guests with wonderful internal architecture and pleasant hotel comfort.edit
Santini Residence, Nerudova 14, tel: +420 257 195 111 . Small, boutique hotel situated in one of the most picturesque streets in Prague.
Charles Bridge Economic Hostel, 4 Mosteka. Great inexpensive hostel located right at the lesser town side of Charles Bridge. The hostel is also run by the tourist office downstairs who offer free wifi, tea, coffee, and walking tours to guests. Beds in a mixed dorm are around 19 euros per night. edit
This is a usable article. It has information for getting in as well as some complete entries for restaurants and hotels. An adventurous person could use this article, but please plunge forward and help it grow!