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The Palace, a Luxury Collection Hotel, Madrid is a renovated 1912 landmark facing the Neptuno Fountain in the city’s UNESCO-accredited Landscape of Light. It is best known for its grand Belle Époque setting, central dome restaurant and exceptional access to the Prado, Thyssen-Bornemisza and Reina Sofía museums.

Bookable with Marriott Bonvoy points. Award pricing varies by date and category, so we link straight to the official Marriott Bonvoy award chart for current rates rather than publishing a number that can go stale.
“The Palace, a Luxury Collection Hotel, Madrid is a renovated 1912 landmark facing the Neptuno Fountain in the city’s UNESCO-accredited Landscape of Light. It is best known for its grand Belle Époque setting, central dome restaurant and exceptional access to the Prado, Thyssen-Bornemisza and Reina Sofía museums.”
The Palace, a Luxury Collection Hotel, Madrid is a 1912 Belle Époque landmark at Plaza de las Cortes 7, facing the Neptuno Fountain and adjacent to Spain’s Congress of Deputies. Its setting places guests in the UNESCO-accredited Landscape of Light, Madrid’s cultural axis around the Prado, Retiro Park and major museums. The hotel is especially strong for culture-focused stays: the Prado Museum is just across the boulevard, the Thyssen-Bornemisza National Museum is down the block, and the Reina Sofía Museum is a short walk away. It also borders the Barrio de las Letras, a literary and bohemian area known for cafés, bookshops and pedestrian streets, while Puerta del Sol is roughly a 10-minute walk. Following a major renovation completed in 2025, the property has 470 renovated rooms and suites that pair heritage details with contemporary comforts. Public spaces retain the grand-hotel character, most notably the central stained-glass dome used for the signature restaurant. On-site amenities include a seventh-floor spa, a 24-hour Technogym-equipped fitness center, concierge service, garden or terrace spaces, on-site shopping, a hair salon and extensive meeting facilities. Guests should note that the hotel does not have a swimming pool or a clearly advertised executive club lounge.
The entry-level renovated rooms offer a Luxury Collection stay in the historic building, with bedding configurations such as king or twin depending on booking. Views may be interior or city-facing, and wheelchair-accessible options are available in this category.
Premium Rooms provide more space than the Deluxe category and may include city or partial fountain views depending on assignment. They continue the hotel’s blend of classical décor and updated comforts.
Palace Rooms emphasize the heritage feel of the building while offering additional room to sit and unpack. Some rooms in higher categories feature better outlooks toward the city or surrounding historic streets.
These higher-view accommodations are suited to guests prioritizing the hotel’s central setting. Depending on category and assignment, views may look toward Neptuno Fountain, the Prado area or nearby historic streets.
Palace Suites are among the hotel’s larger accommodations, with layouts that can include a separate living area, larger bathroom and enhanced views from upper floors. Wheelchair-accessible Palace Suite options are available.
March to May and September to October offer mild temperatures around 15–24°C/60–75°F and relatively low rainfall, ideal for sightseeing and often cheaper than peak summer.
July and August should be avoided because average highs frequently exceed 32–35°C (90–95°F), with heatwaves over 40°C/104°F, making sightseeing uncomfortable; this peak-summer period also brings higher prices and heavier crowds.
Co-brand cards earn Marriott Bonvoy points directly; the rest move points in from bank programs at the ratios and transfer times shown. Award pricing itself lives with the official Marriott Bonvoy tools above.

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American Express
| Hotel | Program |
|---|---|
The Palace, a Luxury Collection Hotel, Madridthis one | Marriott Bonvoy |
| Marriott Bonvoy | |
| Marriott Bonvoy | |
| Hilton Honors | |
| Hilton Honors |
Central Madrid location in the UNESCO-accredited Landscape of Light, bordering the Barrio de las Letras and close to museums, Parliament and historic streets.
Cash rates are re-checked on a schedule; live award pricing comes straight from the program rather than a number we publish here. See methodology.