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The Mandarin Oriental Ritz, Madrid is a historic five star Belle Époque hotel in Madrid, Spain at No. 5 in Retiro district, next to the Prado Museum. Opened in 1910, it is owned and managed by the Mandarin Oriental Hotel Group. The hotel's façade is a listed national monument. [1]
The building formerly housed the 360-room Hotel Plaza (later the Crowne Plaza Madrid City Centre), 300 offices, 184 apartments, [1] a shopping center, and a rooftop pool. Its profile, on Plaza de España at the end of the Gran Vía , complements the neighboring skyscraper Torre de Madrid, making the pair important architectural landmarks in the ...
The hotel was declared Bien de Interés Cultural in 1999. [7] Starwood moved the hotel to its Westin Hotels division on March 1, 2000, renaming the property The Westin Palace Madrid. [8] In 2005, Starwood sold the hotel to Host Marriott as part of a package of 38 international hotel properties, for $4.1 billion. [9]
The 200-room hotel is one of the largest and most expensive hotel in Madrid's history, with suites costing up to €12,000 a night. [ 2 ] Located in Madrid's city center and steps away from the Puerta del Sol , the building was originally constructed from 1887 to 1891 as the headquarters of La Equitativa insurance company, but is better known ...
Madrid will have more than 2,700 luxury hotel rooms by the end of 2023, up 50% from a decade ago, according to a report by commercial real estate services company JLL.