The 11 best hotels in Madrid for 2026: by budget

Where you sleep decides how the whole trip feels. These 11 hotels in Madrid are picked for the walk home, not the lobby photo, and they run from budget to worth-the-splurge. Every one is somewhere I'd book myself.

Check Availability7 Islas Hotel★ 4.5 · €140-220 /nightThe most charming mid-range hotel in Malasaña: Madrid's coolest neighborhood. Directions
Check AvailabilityFour Seasons Hotel Madrid★ 4.6 · €850-2,200 /nightMadrid's flagship luxury hotel: a complex of seven restored historic buildings (including the 1891 Banco Español Edificio) reborn as a 200-room palace + 22 branded residences. Directions
Check AvailabilityGenerator Madrid★ 4.4 · €45-130 /nightMadrid's coolest hostel-meets-hotel: the European Generator chain's 5-floor location 5 min from Gran Vía. Directions
Check AvailabilityHotel Riu Plaza España★ 4.4 · €220-380 /nightThe 4-star Riu Plaza España occupies the iconic 1953 Edificio España on Plaza de España: a 117m, 26-floor neo-Baroque skyscraper that was once the tallest building in Spain. Directions
Check AvailabilityHotel Único Madrid★ 4.6 · €280-450 /night5-star Relais & Châteaux in a 19th-century palace in Salamanca: 44 rooms, intimate garden courtyard, 1-Michelin-star restaurant Ramón Freixa Madrid on-site. Directions
Check AvailabilityMandarin Oriental Ritz Madrid★ 4.7 · €950-2,500 /nightThe 1910 Belle Époque palace hotel on Plaza de la Lealtad: historic rival of the Paris Ritz, taken over by Mandarin Oriental in 2018 + reopened 2021 after a €120M restoration. Directions
Check AvailabilityNH Collection Madrid Suecia★ 4.6 · €110-180 /night4-star NH Collection 3 min walk from Cibeles Fountain: once Hemingway's and Ava Gardner's favorite Madrid hotel (the «Suecia» literary salon). Directions
Check AvailabilityOnly YOU Hotel Atocha★ 4.4 · €220-380 /nightThe cooler-than-thou boutique hotel directly opposite Atocha train station: perfect for travelers arriving by AVE from Barcelona or Seville. Directions
Check AvailabilityPestana CR7 Gran Vía★ 4.5 · €160-260 /night4-star hotel co-branded by Cristiano Ronaldo + Pestana on the Gran Vía: Madrid's «Broadway». Directions
Check AvailabilityRosewood Villa Magna★ 4.5 · €700-1,900 /nightThe Salamanca district's most exclusive address: reopened 2021 under Rosewood after a top-to-bottom rebuild. Directions
Check AvailabilityThe Hat Madrid★ 4.3 · €60-140 /nightBoutique hostel 2 min from Plaza Mayor: owned by a Spanish couple, design-focused, exclusively top-rated on Hostelworld + Booking. Directions

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