Prague (Praha in Czech) was the ancient capital of Charles IV's Bohemian Kingdom, and has played a pivotal role in the development of Central Europe since the Middle Ages. Its epic history has produced a vibrant city of stunning buildings and lovely old squares, with the result that today, Prague is one of the world's most beautiful cities. As visitors have increased to Prague, tourism has become of vital economic importance to the city. The effects of tourism in Prague are mostly positive. Much of the post-communism reconstruction and regeneration of Prague has been driven by tourism, as ancient buildings have been transformed into fine restaurants and stylish hotels.