Where to Stay in Madrid Right Now
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Madrid often plays second fiddle to other, flashier European capitals such as Paris and London. But the Spanish city is worth another look, thanks to its unique combination of imperial grandeur, understated sophistication and boundless creativity—not to mention its thriving hotel scene. From new to newly revitalized properties, many of Madrid’s luxury stays take advantage of the city’s historic landmarks. Here, you’ll find hotels breathing new life into old banks, office buildings and palaces, with amenities like pilgrimage-worthy restaurants, slinky cocktail lounges and rooftop bars overlooking the dramatic skyline. With so many great lodging options, there’s no better time to take a chance on this still-underrated city.
Urso Hotel & Spa
Centro
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Straddling the neighborhoods of Chamberí, Tribunal and Chueca, and surrounded by embassy buildings, the Urso Hotel & Spa is set within the neoclassical former headquarters of a paper company. Its interiors speak to this history with original stained glass, marble staircases, wooden walls and wrought-iron balustrades. Guest rooms are decidedly more modern—and surprisingly family-friendly, with amenities like branded teddy bears and in-room tent setups if you’re traveling with kids. The on-site restaurant, Casa Felisa, serves contemporary twists on traditional Spanish recipes; the lobby bar regularly hosts a live pianist; and the spa is a peaceful retreat with a hammam and hydrotherapy circuit.
Thompson Madrid
Centro
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Sleeker and more contemporary than some of its peers, this 174-room member of the Hyatt family exudes a quiet, urbane confidence. Rooms and suites here feel like the chic apartment of an art-loving friend: done up in dark woods, leathers and marbles, with pieces by Spanish artists on each floor. You could spend the entire day simply rotating between the hotel’s various spaces, from the bakery Mendo in the morning, to the lobby bar for vermouth hour (11:30 a.m. to 3:30 p.m.), to the rooftop pool bar under Madrid’s blazing late afternoon sun and back to Mendo for dinner. The bakery’s evening menu is an ode to the spoils of the Spanish larder, with standouts including wine-vinegar-cured white anchovies, creamy croquettes and acorn-fed Ibérico ham.
The Madrid EDITION
Centro
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This swanky chain made its Madrid debut in 2022, and the property is rife with EDITION’s trademark social media-friendly details: a white stone spiral staircase that curves like a nautilus; a modernist pool table topped with blue felt; a bright pink hallway; and lots and lots of plants. The 200 minimalist rooms and suites come in a spa-like palette of whites and creams, with otherwise clean edges punctuated by Baroque-inspired headboards and signature faux-fur throws. Peruvian chef Diego Muñoz is responsible for the menu at Oroya, the hotel’s restaurant, cocktail bar (order anything with pisco), and greenhouse-like roof terrace, which sits under a vine-covered pergola.
Four Seasons Hotel Madrid
Centro
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The first Four Seasons hotel in Spain sits within the Centro Canalejas, a luxury shopping district spread across seven landmark buildings (including banks and a newspaper office). An opulent lobby sets the scene for the hotel at large, which houses nearly 1,500 paintings, photographs and sculptures. But rooms and suites opt for timeless elegance over flashiness, meaning plenty of creamy neutrals and cushioned chaise longues next to oversize windows. When hunger strikes, head to the hotel’s Andalusian-accented brasserie, where trademark dishes include a green gazpacho with a nitro tomato encircled by a ring of baby shrimp tartare, and a trompe-l'œil foie gras, port, parmesan and cherry gravy dish that looks exactly like a red apple.
Gran Hotel Inglés
Barrio de las Letras
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Madrid’s first luxury hotel, Gran Hotel Inglés opened its doors way back in 1886, making waves with innovative amenities like electricity and indoor plumbing. But it’s far from stuck in the past. A more recent overhaul of its 48 rooms and public spaces yielded Art Deco-inspired interiors, with padded leather panels and streamlined brass and glass accents. Set in the city’s historic heart, the hotel shares a street with revered sherry bar La Venencia, though you don’t have to leave the front door for unique nightlife: During weekends, the lobby bar hosts swing and rock-and-roll nights and even flamenco performances.
Casa de las Artes Mélia Collection
Barrio de las Letras
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Perfectly suited for its location in the Barrio de las Letras, this new member of the Meliá Collection was designed as an homage to Miguel de Cervantes (who used to live nearby) and the seven fine arts: painting, sculpture, music, dance, film, architecture and literature. To that end, there’s a bookshelf-lined library and a hidden cinema, and Maché Restaurant hosts flamenco brunches. But you’ll find artful touches throughout the property: in the decorative wrought-iron railings on the spiral staircase, the prints from the 1869 edition of “Don Quixote” lining suite walls and the Salvador Dalí lithographs by reception. Save time for the serene indoor pool, sauna and steam room, which take their design cues from ancient Roman thermal baths.
Palacio de los Duques Gran Meliá
Madrid de los Austrias
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Few hotels better capture the aristocratic grandeur of Madrid than this 160-room stay, which stitches together a 13th-century convent and a 19th-century palace once owned by a pair of art-collecting dukes. The interiors pay homage to painter Diego Velázquez—whose “Las Meninas” is one of the stars of the Museo del Prado—with colors derived from his paintings and reproductions of his works hung behind the beds. Despite these subtle Baroque touches, the rooms are otherwise modern, with velvet-lined armchairs and rain showers. The former stables house the restaurant Jardín de los Duques, while the rooftop terrace hosts a pool and hot tub that overlook the Royal Palace.
The Principal Madrid
Centro
With 76 smartly designed rooms and suites, the Principal is perfectly situated along fashionable Gran Vía, a boulevard lined with cinemas, boutiques and other top hotels. Interiors skew minimalist, in soothing grays, browns and whites, while the 1917 Spanish Renaissance-style exterior brims with eclectic Art Nouveau and Art Deco flourishes. Much of the fun here happens up on the olive-tree-filled rooftop, which is home to a trifecta of lovely places to spend the evening: Ático Restaurant and Terrace, with a menu of dishes like cherry gazpacho, cuttlefish-and-cod fritters and oxtail meatballs; La Pérgola, a tapas and cocktail bar with skyline views; and La Terraza, which hosts special-occasion dinners for private parties of two to 14.
Hotel Montera Madrid, Curio Collection by Hilton
Centro
Occupying a 1924 neoclassical building just off Gran Vía, this 93-room property is filled with art: There’s a towering mural referencing Madrid’s history that can be viewed from the glass elevator, and a rooftop pool whose floor features an enormous flower mosaic. Guest rooms take inspiration from classic Castilian design, with arched doorways, wicker benches and decorative mirror frames, plus colorful accents—cobalt, crimson, pistachio—drawn from the hues traditionally worn by bullfighters. La Braserí, on the ninth floor, sprawls across indoor and outdoor spaces, with a seasonal menu that feels like a tour of Spanish cooking styles: tortilla vaga with smoked sardines and Basque-style pepper sauce, Huelva red shrimp tartare, a calamari sandwich and more.
Brach Madrid
Centro
The 57 rooms at this boutique hotel possess a certain quirky elegance, pairing classic silhouettes and textures (warm-hued wood accents, leather headboards) with trinkets and sketches inspired by the life of a fictional traveler. You might find vintage boxing gloves, castanets or a mandolin in your room, for instance, alongside whimsical decor like seahorse-shaped wall sconces. In addition to the art-filled main restaurant, which draws on Mediterranean and Middle Eastern flavors, the hotel is home to a pâtisserie (try the quince clafoutis when available) and an ethereal spa that offers delights both high- and low-tech: hyperbaric oxygen therapy, sensory isolation floating, acupuncture and massage.
Booking With Chase Travel
Chase Travel is the first stop for your next adventure. At chasetravel.com, eligible Chase cardmembers can earn and redeem points for hotels, flights, car rentals and more.
Chase Sapphire Reserve cardmembers will earn bonus points when booking a hotel stay through The Edit by Chase Travel℠. Cardmembers who applied for their card on or after June 23, 2025 will earn 8 points per dollar. Cardmembers who applied for their card prior to June 23, 2025 will earn 3 points per dollar through October 25, 2025, and 8 points per dollar beginning October 26, 2025.
Eligible cardmembers who book through The Edit will receive special cardmember benefits including daily breakfast for two and a $100 property credit, along with early check-in, late checkout and a room upgrade, when available.
Looking for inspiration? Eligible Chase cardmembers can discover hotel reviews, editor-curated guides, and book local experiences at chasetravel.com.
Lead photo courtesy of The Madrid EDITION.
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