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The Principal Madrid

Madrid • 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.

Travel notes

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About

The Principal Madrid Hotel is much more than a luxurious modern boutique hotel. Its prime location in the heart of Madrid, its exclusive entrance, its 76 elegantly appointed rooms, the stunning Terraza (rooftop terrace,7th floor) with what may be the best views in Madrid, and its Ático (penthouse, 6th floor) where avant-garde haute cuisine meets classic cocktails in a space with the best music are reasons enough not to miss the opportunity of discovering this renovated building, now one of the capital’s must-see sights. The hotel’s impressive Ático and Terraza boast the best panoramic views of downtown Madrid. In both, amid large, lush garden areas, you can sip a cocktail or order from the menu concocted by Ramón Freixa (2 Michelin stars), soak up some sun in the Solarium or enjoy the sound of the overflow pool and the best ambient music or our outdoor showers in summer… and always with the finest service to ensure that your every wish is granted.

Amenities

Internet

Free Internet

Free Wifi

Suites

Room service

Wheelchair Access

Restaurant

Bar/Lounge

Airport transportation

Wifi

The Principal Madrid Reviews

2,648 reviews

"We had a wonderful stay at this hotel in the very heart of Madrid; a perfect combination of luxury and authenticity. Everything felt special, from the beautiful atmosphere to the incredible food and the amazing rooftop experience. We truly felt spoiled and enjoyed every moment of our stay. A very special thank you to Sergio for making our breakfasts even more memorable with his kindness and care. Small touches like these make a big difference. Thank you so much for an unforgettable experience..."

A Tripadvisor traveler review

May 26, 2026

"Great location and nice front of the house staff. Was a favorite to stay when I travel to Madrid-no more went to the terrace bar after I came back from a dinner at 10:50 and asked if I could get a drink, I was given a cocktail menu and told to sit outside, 15 minutes later nobody came so I go back to the bar and asked for the drink that I had chosen to be told that the bar was closed and couldn’t get it, after I complained that I had been waiting for 15 minute outside they agreed to make the drink for me only to wait another 15 and no drinks, finally I got up and went to the front desk to complain and ask till what time they were open to be told till 1am. Don’t waste guest time with bar staff that is either untrained or couldn’t care less"

A Tripadvisor traveler review

May 25, 2026

"Sergio was amazing and very helpful!"

A Tripadvisor traveler review

May 23, 2026

"Muchas gracias a Paola! We had a wonderful time. The menu degustación is incredible, a little glance of the best dishes from the whole menu. The terrace is great too and you can enjoy calmly your meal with an amazing view of the city."

A Tripadvisor traveler review

May 21, 2026

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