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The Principal Madrid

Madrid, Spain • Gran Via • SPLURGE

avg. $393 / night

Includes $21 / night in cash back

Cash back is redeemable via Virtual Visa, Venmo, or bank transfer starting 24-48 hours after check-out

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Cash back

5% cash back on all completed stays (redeemable via Virtual Visa, Venmo, or bank transfer starting 24-48 hours after check-out)

Credit card points

Credit and debit card charges are processed directly by the hotel (i.e. not PressBeyond), meaning that any travel-specific credit card points or incentives that you normally get as a cardholder for direct hotel bookings are preserved

Hotel loyalty points

Points accrual and status eligibility with major hotel loyalty programs: Marriott Bonvoy, Hilton Honors, World of Hyatt, and others

Free breakfast

Breakfast-included rate options available

Room upgrades

Complimentary room upgrades (subject to property availability)

Extend your stay

Early check-in and late check-out (subject to property availability)

Part of Small Luxury Hotels

Location

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At a glance

A 1917 Beaux-Arts landmark at Madrid's most photographed corner with a rooftop olive grove and curated interiors.

Best for: Architecture enthusiasts and Madrid history collectors

Highlights:

  • 1917 Beaux-Arts corner building at Gran Vía and Alcalá
  • Rooftop terrace with olive trees overlooking terracotta roofs
  • Interiors blend classical details with contemporary grey and gold palette
Historic-refinedintimate

PB hotel design editorial

At the precise junction where Gran Vía meets Calle de Alcalá, one of Madrid's most photographed corners, a seven-storey Beaux-Arts building completed in 1917 commands the intersection with the confidence of a building that has always known its place in the city. The Principal Madrid was carved from this early twentieth-century structure — its white limestone facade, wrought-iron balustrades, and crowning balcony tier visible in the aerial image beside the Metropolis Building's gilded Winged Victory — and the 76-room hotel makes the most of every floor, culminating in a rooftop terrace planted with mature olive trees and furnished with crimson-cushioned iron bistro chairs and carved wooden benches that survey Madrid's terracotta roofscape toward the Sierra de Guadarrama. Inside, the interiors navigate a careful line between the building's classical shell and a cooler contemporary register. The lobby bar layers charcoal-painted panelling and dark marble floors against a carved white marble fireplace and an antique bookcase dressed with curiosities — the atmosphere closer to a well-curated private club than a hotel salon. Guest rooms continue the palette of slate grey and warm taupe wall coverings, dark-framed upholstered headboards, and velvet-topped steel bench frames in aged gold, small framed figure drawings clustered above the beds like a Madrileño collector's overflow. Floor-to-ceiling French windows frame the Baroque ornament of the surrounding facades, making the city itself the room's primary decoration.

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About

The Principal Madrid is a five-star boutique hotel located in a historic building right on Gran Vía, in the heart of Madrid. An urban refuge where the vibrant rhythm of the city coexists with peaceful spaces, thoughtful design, and an elegant, contemporary atmosphere. Its rooms and suites are designed as an oasis of rest above the city: bright, quiet, and crafted with noble materials that convey a sense of sophisticated comfort. The hotel stands out for its intimate character and attention to detail, tailored for those seeking an exclusive stay in the center of the capital. On the culinary side, the Ático restaurant offers seasonal Spanish cuisine in a privileged setting, accompanied by one of Madrid's most iconic terraces, boasting open views over Gran Vía and the city skyline. It is a meeting point for both guests and visitors, especially at sunset. The hotel also features dedicated wellness spaces, a gym, and event areas, always maintaining a boutique scale and personalized serv

Amenities

Internet

Free Internet

Free Wifi

Suites

Room service

Wheelchair Access

Restaurant

Bar/Lounge

Airport transportation

Wifi

The Principal Madrid Reviews

2,704 reviews

"The location is great, hotel is clean, staff are friendly, expecially Natalia at the front desk, extremly helpful, freindly and patient. She truely represents the hotel. The manager is great as well."

A Tripadvisor traveler review

Aug 27, 2026

"Perfect location, close to everything very convenient. Mr. Rafael and the front desk team greeted us with genuine smiles and made our check-in fast and easy after a long day of travel. Our room was very clean and spacius and the cleaning staff was very helpful. Thank you againg Mr. Rafael for everything."

A Tripadvisor traveler review

Aug 26, 2026

"We loved the hotel and had a great time here. The hotel is clean, comfortable and service is impeccable. Rafael and his team did a fantastic job and service was like hospitality in Asia so really was the best. Location was central and easy to get to places and the team here were always on hand to assist with bookings and provide trustworthy recommendations. Thank you for making our stay so memorable!"

A Tripadvisor traveler review

Aug 25, 2026

"Great hotel in a perfect location"

A Tripadvisor traveler review

Aug 24, 2026

"Excellent staff all around service. They all could not do more to help. Sergio at the breakfast area certainly exemplified the service level.Hotel in a great central location."

A Tripadvisor traveler review

Aug 18, 2026

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