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The M-40 is the second highway belt of Madrid and was built between 1989 and 1996. [1] It has a total length of 63.3 km (39.3 mi), looping around Madrid and its suburb Pozuelo de Alarcón at a mean distance of 10.1 km (6.3 mi) to the Puerta del Sol.
The M40 motorway links London, Oxford, and Birmingham in England, a distance of approximately 89 miles (143 km).. The motorway is dual three lanes except for junction 1A to junction 3 (which is dual four lanes) a short section in-between the exit and entry slip-roads at junction 4 (which is two lanes in both directions) and also between the slip-roads at junction 9 (in the south-eastbound ...
This core is home to one quarter of the population of Madrid (about 800,000 people) and is, in average, wealthier than the rest of the city. [4] Also, housing prices are higher inside the M-30. Popularly, the city Madrid is divided in dentro de la M-30 (inside the M-30) and fuera de la M-30 (outside the M-30). [5]
In terms of longer-distance transport, Madrid is the central node of the system of autovías and of the high-speed rail network , which has brought major cities such as Seville and Barcelona within 2.5 hours travel time. [1]: 72–75 Madrid is also home to the Madrid-Barajas Airport, the fourth largest airport in Europe.
In 1996 Saudi businessman Al-Waleed bin Talal bought the hotel from the Forte Group, spending $185 million for it. He then spent $120 million renovating the hotel, closing the hotel for two years. He signed a management contract with Four Seasons Hotels and Resorts on November 1, 1997, and the hotel was renamed Four Seasons Hotel George V.
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]
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