Best hotels in Madrid 2023: Where to stay for every budget

Loved for its vivacious art scene, marvellous architecture and fine-dining restaurants, Madrid ticks all the city break boxes. And you don’t have to settle for a boring hotel, as the same three elements can often be found in properties across Spain’s capital. Groovy new hostels and revamped palaces have cool rooftop terraces, Michelin-starred restaurant chefs and cocktail lists so tempting that you may never leave the bar.

Whether you’re looking to stay in the beating heart of the city, Centro – known for its shopping thoroughfare on Gran Vía and grand square, Plaza Mayor – or perhaps one of the surrounding neighbourhoods, such as medieval La Latina or hip Chueca (where the nightlife is), you can drop into any of the places on this list for a drink or dinner and get some inspiration for your next visit.

No matter your interests, take a look at our favourite Madrid hotels for every occasion.

Neighbourhood: Barrio de las Letras

Madrid’s first proper hotel – dating back to 1886 – reopened in spring 2018 with a glamorous new look and the feel of a private club. Located in the centre of the Barrio de Las Letras, one of the city’s liveliest and most characterful areas, this five-star hotel has sumptuous rooms and suites with free-standing baths and local craft beer chilling in the minibar. Enjoy some of the best tapas and cocktails in the capital at the lobby bar, LoBbyto, where you’ll also find live jazz music every Thursday to Saturday.