What's it like in Palacio?

Travellers to Madrid's Palacio neighbourhood will be sure to enjoy a stay here. Looking for sights you might find in a travel guide about Palacio? Consider a visit to Gran Via while you're in the neighbourhood.

What's a favourite place to stay in Palacio?

Based on our traveller data, Urban Hive Madrid is one of the top choices for your stay in Palacio. This hotel is a short 3-minute walk from Gran Via, and it offers 2 bars and a restaurant. Other good options for your stay in the neighbourhood include Room Mate Macarena, Madrid Gran Vía and Hotel Emperador .

How many hotels will I find in Palacio?

If you're searching for places to stay in Madrid, Expedia has something to meet your needs with 382 Palacio hotels and other accommodation options to choose from.

If I need to cancel my hotel reservation in Palacio, will I receive a refund?

Yes! You'll find that most hotel bookings are fully refundable as long as you cancel before the hotel’s cancellation deadline, which is usually within 24-48 hours of check in. If you booked a non-refundable reservation, you might still have the option to cancel and get a refund within a 24-hour period of booking. Enter your dates, click on "Search", then use the filter option "fully refundable" to get top deals in Palacio.

What is there to do in this Madrid neighbourhood?

Spend some time exploring the great outdoors at Sabatini Gardens, Huerto de las Monjas and Vistillas Gardens. Gran Via and Almudena Cathedral are also a couple of places to visit in the neighbourhood. Favourite places to visit in the surrounding area include Puerta del Sol, Bernabéu Stadium and Plaza Mayor. While you're out sightseeing, Arab Wall and Muralla Arabe are a couple of additional sights to visit in Madrid.

How can I get around Palacio and the greater Madrid area?

Looking for a quick way to explore more of the city? Catch a ride on metro transit at Opera Station and Santo Domingo Station.

The Best Hotels in Palacio, Madrid - 2026 Updated Prices

A grand interior with ornate columns, a statue, and a staircase leading to a higher level.

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Our top choices for Palacio hotels

A swimming pool with blue and white stripes, a large building with a dome, and a cityscape in the background.

1. Urban Hive Madrid

Palacio

Victoria

฿6,982 total

includes taxes & fees

18 Oct - 19 Oct

A multi-story hotel with a prominent "HOTEL EMPERADOR" sign, featuring a classic architectural style with balconies and large windows.

2. Hotel Emperador

Palacio

Susana

฿8,116 total

includes taxes & fees

28 Oct - 29 Oct

A woman sitting by a pool with a cityscape in the background.

3. Room Mate Macarena, Madrid Gran Vía

Palacio

Sandra

฿8,016 total

includes taxes & fees

29 Oct - 30 Oct

A pool area with clear water, a fountain, and wooden lounge chairs.

4. Ocean Drive Madrid

Palacio

Indiana

฿11,081 total

includes taxes & fees

18 Oct - 19 Oct

A balcony with a table and chairs, overlooking a building with multiple balconies and windows.

5. Room Mate Mario, Madrid

Palacio

Hazem

฿8,598 total

includes taxes & fees

15 Oct - 16 Oct

A hotel room with a bed, a small table with a tray of breakfast, a chair, and a large window with a view of the outside.

6. Hotel Ópera

Palacio

Elvis

฿8,142 total

includes taxes & fees

12 Oct - 13 Oct

A modern hotel room with a brick-patterned wall, a large mirror, and a bed with two pillows.

7. Petit Palace Plaza Mayor

Palacio

Edwin

฿7,703 total

includes taxes & fees

28 Oct - 29 Oct

A modern dining area with a glass table, wicker chairs, and a view of a cityscape through large windows.

8. Hotel Vincci Capitol

Palacio

SEBASTIAN Vicente

฿10,730 total

includes taxes & fees

18 Oct - 19 Oct

A bedroom with a large bed, a wall clock, a bedside table, a potted plant, and a view of a building through a balcony.

9. Hostal Central Palace Madrid

Palacio

Alexandra

A modern interior with a central seating area featuring blue and orange chairs, a green sofa, and a wicker chair. There are ceiling fans, a plant, and a bookshelf with decorative items.

10. Hôtel Casón del Tormes by HappyCulture

Palacio

Maria

฿6,534 total

includes taxes & fees

29 Oct - 30 Oct

A rooftop bar with a city view, outdoor seating, and a glass railing.

11. Dear Hotel Madrid

Palacio

Lama

฿9,519 total

includes taxes & fees

18 Oct - 19 Oct

A hotel room with two beds, a desk, a chair, a TV, and a window with curtains.

12. Espahotel Gran Via

Palacio

VILMA

฿5,990 total

includes taxes & fees

18 Oct - 19 Oct

A modern hotel lobby with a high ceiling, a reception desk, a seating area, and a large mirror reflecting the interior.

13. Inhala Hotel Garden

Palacio

Steven

฿7,112 total

includes taxes & fees

4 Oct - 5 Oct

A rooftop terrace with two lounge chairs, a small table with drinks, and a view of a large cathedral with domes.

14. Palacio de los Duques Gran Meliá - The Leading Hotels of the World

Palacio

Vasil

฿21,628 total

includes taxes & fees

28 Oct - 29 Oct

15. Luz Madrid Rooms

Palacio

RUPERT

฿5,581 total

includes taxes & fees

26 Oct - 27 Oct

A rooftop terrace with a pool, outdoor seating, and a view of surrounding buildings.

16. Grupotel Mayorazgo

Palacio

Syria

฿8,196 total

includes taxes & fees

4 Oct - 5 Oct

A multi-story hotel with a row of balconies on the ground floor, a covered entrance with a staircase, and a series of windows with lights on each floor.

17. LETOH LETOH Gran Vía

Palacio

Nathan

฿6,161 total

includes taxes & fees

18 Oct - 19 Oct

A modern lounge area with a light blue sofa, colorful geometric rug, and a variety of seating options including a patterned ottoman and a striped bench.

18. Aloft by Marriott Madrid Gran Via

Palacio

Morgan

฿8,663 total

includes taxes & fees

30 Oct - 31 Oct

A modern interior with a white color scheme, featuring a central seating area with patterned chairs, a wooden floor, and a decorative chandelier.

19. Hostal Oriente

Palacio

robert

฿4,967 total

includes taxes & fees

18 Oct - 19 Oct

A balcony with a potted plant, a view of buildings, and a door with a window.

20. Select Sol

Palacio

Stephen

฿5,416 total

includes taxes & fees

29 Oct - 30 Oct

View all properties

Compare popular hotels in Palacio

Property	Property class	Guest rating
Edmond Vibes Plaza de España Suites	4.0 star property	9.8 Exceptional 10 reviews	View
Palacio de los Duques Gran Meliá - The Leading Hotels of the World	5.0 star property	9.8 Exceptional 937 reviews	View
Aloft by Marriott Madrid Gran Via	4.0 star property	9.4 Exceptional 328 reviews	View
Ocean Drive Madrid	4.0 star property	9.4 Exceptional 974 reviews	View
Room Mate Macarena, Madrid Gran Vía	3.0 star property	9.4 Exceptional 1,691 reviews	View

Where to stay in Palacio

Find the best Palacio areas for the activities you enjoy most.

A cityscape with historic buildings and a prominent tower.

Madrid Centro

Known for its fascinating museums and acclaimed art galleries, there's plenty to explore in Madrid Centro. Check out top attractions like Puerta del Sol and Gran Via, and jump on the metro at Sol Station or Gran Via Station to see more of the city.

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A grand archway with statues and inscriptions, surrounded by vibrant pink flowers.

Salamanca

Contemporary fashion, gourmet cuisine, fine art and upscale residential living await discovery in one of Madrid’s most stylish neighborhoods.

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A bustling square with historic buildings, a prominent clock tower, and a statue in the center.

Sol

If you're spending time in Sol, check out sights like Puerta del Sol or Gran Via and hop on the metro to see more of the city at Sol Station or Callao Station.

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Chueca

This avant-garde part of Madrid is known as the gay quarter because of its numerous LGBT shops and bars, a Gay Pride march and an open-minded populace.

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A street with colorful storefronts, including one with a mural of a woman and a dress.

Malasaña

Loved by hipsters and students for its coffeehouses and nightlife scene, this creative neighborhood also has excellent art museums, theaters and shopping.

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Top Palacio Hotel Reviews

Hotel101- Madrid

10/10 Excellent

"Nice hotel"

B&B HOTEL Madrid Vallecas La Gavia

10/10 Excellent

"Excellent clean hotel, room felt modern and spacious. The breakfast was very good, loved the fresh orange juice machine. Only thing I would say is location isn't ideal, it's quite far from the city centre but it was perfect for where the Shakira concert was being held."

Search Hotels in Palacio, Madrid

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Our top choices for Palacio hotels

1. Urban Hive Madrid

2. Hotel Emperador

3. Room Mate Macarena, Madrid Gran Vía

4. Ocean Drive Madrid

5. Room Mate Mario, Madrid

6. Hotel Ópera

7. Petit Palace Plaza Mayor

8. Hotel Vincci Capitol

9. Hostal Central Palace Madrid

10. Hôtel Casón del Tormes by HappyCulture

11. Dear Hotel Madrid

12. Espahotel Gran Via

13. Inhala Hotel Garden

14. Palacio de los Duques Gran Meliá - The Leading Hotels of the World

15. Luz Madrid Rooms

16. Grupotel Mayorazgo

17. LETOH LETOH Gran Vía

18. Aloft by Marriott Madrid Gran Via

19. Hostal Oriente

20. Select Sol

Compare popular hotels in Palacio

Where to stay in Palacio

Madrid Centro

Salamanca

Sol

Chueca

Malasaña

Top Palacio Hotel Reviews

Hotel101- Madrid

Frequently asked questions

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