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 hotel room with a large bed, a desk, a chair, a TV, and artwork on the walls.

1. Urban Hive Madrid

Palacio

Jeannette

฿6,871 total

includes taxes & fees

29 Nov - 30 Nov

A courtyard with a fountain, a building with arched windows, and a wrought iron gate.

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

Palacio

Vasil

฿14,315 total

includes taxes & fees

1 Dec - 2 Dec

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

3. Hotel Emperador

Palacio

Gloria

฿5,928 total

includes taxes & fees

13 Dec - 14 Dec

A modern hotel room with a large bed, a nightstand, a chair, and a wall with a floral pattern.

4. Petit Palace Plaza Mayor

Palacio

Wilber

฿4,396 total

includes taxes & fees

8 Dec - 9 Dec

A modern lobby with two sofas, a glass coffee table, and a bar area with shelves of bottles.

5. Ocean Drive Madrid

Palacio

Adrian

฿5,726 total

includes taxes & fees

15 Nov - 16 Nov

A multi-story hotel with a prominent 'HOTEL OBERMA' sign, featuring a classic architectural style with large windows and a central courtyard.

6. Hotel Ópera

Palacio

Allisen Leah

฿5,088 total

includes taxes & fees

13 Dec - 14 Dec

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

7. Grupotel Mayorazgo

Palacio

Mary Luz

฿5,731 total

includes taxes & fees

15 Nov - 16 Nov

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

8. Room Mate Mario, Madrid

Palacio

Grace

฿4,884 total

includes taxes & fees

29 Nov - 30 Nov

A bedroom with a large bed, a dining area, and a kitchen.

9. L&H La Latina

Palacio

Emily

฿3,957 total

includes taxes & fees

16 Nov - 17 Nov

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.

10. LETOH Gran Vía

Palacio

Arsenio

฿3,923 total

includes taxes & fees

30 Nov - 1 Dec

A hotel with a prominent 'Terrazza' sign, a large glass facade, and a rooftop terrace.

11. Inhala Hotel Garden

Palacio

Nigel

฿4,777 total

includes taxes & fees

16 Nov - 17 Nov

A modern lounge area with a striped carpet, black and white patterned ottomans, and a blue sofa.

12. Aloft by Marriott Madrid Gran Via

Palacio

Morgan

฿6,076 total

includes taxes & fees

15 Dec - 16 Dec

A bar area with a counter, stools, and a seating area with a table and chairs.

13. Hotel Vincci Vía 66

Palacio

YOAV

฿5,464 total

includes taxes & fees

15 Nov - 16 Nov

A modern building with a glass facade reflecting the sky and a clear view of the horizon.

14. Hotel Indigo Madrid - Gran Via by IHG

Palacio

NARCISA

฿6,013 total

includes taxes & fees

13 Dec - 14 Dec

A multi-level atrium with a skylight, wooden railings, and a modern architectural design.

15. Posada del León de Oro Boutique Hotel

Palacio

Maija

฿4,222 total

includes taxes & fees

29 Nov - 30 Nov

A grand, arched staircase with a series of descending steps leading to a higher floor.

16. Dear Hotel Madrid

Palacio

Violeta

฿7,022 total

includes taxes & fees

13 Dec - 14 Dec

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

17. Espahotel Gran Via

Palacio

VILMA

฿4,547 total

includes taxes & fees

8 Dec - 9 Dec

A modern interior with unique wooden ceiling structures, a reception desk, and a view of the city.

18. Room Mate Macarena, Madrid Gran Vía

Palacio

Carol

฿6,366 total

includes taxes & fees

13 Dec - 14 Dec

A modern hotel lobby with a seating area featuring a sofa, armchairs, and a coffee table. There are wicker ceiling fans and a large mirror on the wall.

19. Hôtel Casón del Tormes by HappyCulture

Palacio

Ramona

฿4,903 total

includes taxes & fees

29 Nov - 30 Nov

A yellow building with multiple balconies, each with a black wrought iron railing and potted plants.

20. Hostal Oriente

Palacio

Jennifer

฿3,555 total

includes taxes & fees

13 Dec - 14 Dec

View all properties

Compare popular hotels in Palacio

Property	Property class	Guest rating
Edmond Vibes Plaza de España Suites	4.0 star property	10.0 Exceptional 14 reviews	View
Urban Hive Madrid	4.5 star property	9.8 Exceptional 522 reviews	View
Palacio de los Duques Gran Meliá - The Leading Hotels of the World	5.0 star property	9.8 Exceptional 950 reviews	View
Ocean Drive Madrid	4.0 star property	9.4 Exceptional 1,000 reviews	View
Aloft by Marriott Madrid Gran Via	4.0 star property	9.4 Exceptional 357 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

"Unpretentious hotel ideal for a quick stay. Clean, quiet, with shuttle service to/from the airport."

Room Mate Macarena, Madrid Gran Vía

10/10 Excellent

"Me gustó la ubicación servicio, desayuno fabuloso, atención al cliente, sin embargo el asunto de la ducha no privada no me gustó, pareciera como si solamente fuera útil para parejas, para hospedarte con amistades ó familiares que comparten habitación no es conveniente mi opinion."

Search Hotels in Palacio, Madrid

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Our top choices for Palacio hotels

1. Urban Hive Madrid

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

3. Hotel Emperador

4. Petit Palace Plaza Mayor

5. Ocean Drive Madrid

6. Hotel Ópera

7. Grupotel Mayorazgo

8. Room Mate Mario, Madrid

9. L&H La Latina

10. LETOH Gran Vía

11. Inhala Hotel Garden

12. Aloft by Marriott Madrid Gran Via

13. Hotel Vincci Vía 66

14. Hotel Indigo Madrid - Gran Via by IHG

15. Posada del León de Oro Boutique Hotel

16. Dear Hotel Madrid

17. Espahotel Gran Via

18. Room Mate Macarena, Madrid Gran Vía

19. Hôtel Casón del Tormes by HappyCulture

20. Hostal Oriente

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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