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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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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

2,634 reviews

"Enjoyed a week long stay at this comfortable, centrally located and modern hotel. Rooms were small but modern, well-equipped, clean and pleasant. Delightful small restaurant and lounge. The showpiece was the staff at the front door, reception, lounge, restaurant and housekeeping. Particular applauds to the restaurant. Maitre de Rafael, who was welcoming and attentive to all guests. The restaurant would not be the same without him. All in all, a pleasant stay."

A Tripadvisor traveler review

Apr 22, 2026

"Beautiful hotel right on Gran Via. Walking distance to Retiro Park and many other sights. Lots of restaurants and great shopping. Breakfast was included for us and the rooftop was exquisite. Rafael is once of the concierges there. He was a gem. Absolutely friendly, always smiling, and always offering to help (whether it’s coffee at breakfast or a local place to eat/sightsee). You can tell he takes great pride in his work. ⭐️⭐️⭐️⭐️⭐️"

A Tripadvisor traveler review

Apr 19, 2026

"I was very impressed by Rafael’s service! Recommend this hotel and Rafael to deal with!"

A Tripadvisor traveler review

Apr 17, 2026

"Wonderful hotel centrally located friendly and helpful staff from check in to check out Beautiful terr"

A Tripadvisor traveler review

Apr 17, 2026

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