On the left bank of the River Vltava, under Petřín Hill in Lessor Town stands a corner house, whose construction began in 1903. Since its very beginnings the house has served almost exclusively for restaurant purposes. The fate of the restaurant as being a place where people come to meet was attested by its re-opening in 2003. Welcome to Kolkovna Olympia!
Restoring the old interiors was almost like an adventure for the new owners. During the renovation it was discovered from the materials found that from its beginnings Olympia had been enjoyed as a vibrant centre of social life. In the early 20th century the restaurant was a place where the banned gambling game baccarat was secretly played mainly by army officers and the male half of Prague high society. One of these, Colonel Alfred Redl, chief of the Austro-Hungarian Secret Service, had a permanent booking in the restaurant. Photos of the actor Oldřich Nový, found during the reconstruction, could lead to speculation about whether this famous actor also used to be a guest in Olympia and who he was (secretly?) meeting here. After all Olympia has always ranked among places, enjoying bustling social life. Kolkovna Olympia offers seating areas on one floor and outdoors. The total number of seats is 222. The premises are fully air-conditioned with smoking allowed. Apart from Pilsner Urquell, there are also other beers served on tap, such as Velkopopovický Kozel, Master 13° Polotmavý and Birell Světlý. Mrs. Jarmila Zámečníková, Olympia Master Chef, recommends the delicious grilled fallow deer steak in black lentils with mushrooms and shallots.