The iconic Palace Hotel in Madrid has completed its 22-month renovation, which began in June 2023. The refurbishment marks its integration into Marriott International’s Luxury Collection brand, and the hotel is now known as The Palace, a Luxury Collection Hotel, Madrid.
The transformation, which involved an investment of €90 million, has seen the complete renovation of the property, including the rooms, common areas, and façade. Renowned interior designer Lázaro Rosa-Violán led the project, carefully preserving and enhancing the heritage of the iconic Madrid hotel.
The Mayor of Madrid, José Luis Martínez-Almeida, who attended the opening ceremony, described the hotel as a "flagship and iconic" establishment for the city, stating "categorically" that it is "one of the best in Europe."
"This hotel transports us to a Madrid of excellence, quality, and high-impact tourism. We will continue working to attract this type of tourism, which generates wealth and value," he added.
For her part, the President of the Community of Madrid, Isabel Díaz Ayuso, who also attended the event, called the Palace Hotel "a great reference for Madrid's history" and praised the hotel's "wonderful team of employees" for their "hospitality and friendliness."
"Today, a dream comes true. We can now offer Madrid the Palace it deserves," said the hotel's general manager, Pablo Flores.
The property is currently owned by US luxury hotel operator Marriott International and the Singapore government's hotel investment vehicle, Archer Hotel Capital. Its refurbishment was essential for transitioning the hotel from the Westin brand to The Luxury Collection.
Hotel renovation
Despite undergoing renovation for nearly two years, the hotel has remained open throughout, with work carried out in stages, as Flores has confirmed. The number of rooms has not changed, remaining at 470, including 50 suites.
One of the most significant aspects of the renovation was the dome's restoration, with nearly 1,900 crystals carefully restored one by one.
A new addition is the 27 Club restaurant, a tribute to the artists of the era who frequented the historic hotel.
Despite the renovation, the styles and finishes characteristic of the period, which stood out in 1912 when the hotel was founded, have been preserved.
The extensive refurbishment is evident in the rooms, where the design and style are inspired by the Botanical Garden, creating a sense of nature and greenery.
Following the renovation, The Palace, a Luxury Collection Hotel, Madrid, is now one of the capital's most prestigious landmarks, where luxury, design, and attention to detail take centre stage.
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