Thompson Madrid, by Hyatt

27 Best Hotels in Madrid

"The hotel's location puts you in the heart of one of the most lively neighborhoods of Madrid. You’ll experience the bustle of the Gran Vía and nearby Madrid streets, which buzz with the energy of the city day and night. There is no other luxury hotel with better views of the Puerta del Sol, home of the clock that plays the leading role in Madrid’s, and Spain’s generally, New Year’s Eve celebrations. Its atmosphere is traditional, warm, and cosmopolitan, with a reception area that manages to feel both spacious and discreet, and a bar with comfortable couches that provide an ideal place to have a drink, meet a friend, and watch life in Madrid unfold. As for the rooms, an abundance of wood, marble, warm tones, and careful lighting create a homy atmosphere. The result is a little bit like Mad Men meets the Museo Chicote (the legendary Madrid cocktail bar where Hemingway, Hayworth, Sinatra, and many others imbibed); it has the spirit of both the Madrid of Lola Flores and the New York of Truman Capote. —David Moralejo"