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Madrid Hotels

New One Shot chain opens first hotel in Spain

A new player has arrived in the boutique hotel sector in Spain and has just recently opened the doors of its first hotel. The new chain is called One Shot and its first establishment, known simply as 23, is now operating in Madrid. Central to the philosophy of Spain’s newest hotel chain will be the situating of its hotels in unique and historic buildings right in the center of any cities it chooses to operate in. All the buildings will be well-known for their high quality architecture. Unique design and quality concepts will be also reflected in the interior of each hotel resulting in a modern hotel concept with all the usual essential services to be found within the setting of a historical building.

One Shot Hotels acquired their first property at number 23 calle del Prado in the Spanish capital and the building has been refurbished to meet the quality standards expected in a modern three-star hotel. Thee hotel has 42 rooms and rates are to be set at between €75 and €125 per night. The chain is already planning to open a second hotel in Madrid later this year in the central area of Recoletos, near the trendy Barrio Salamanca. The opening is scheduled for October and ...Click to read more about Madrid Hotels

Historic Madrid hotel celebrates special anniversary

Toward the end of last year, the landmark Palace Hotel in Madrid celebrated a very special anniversary. The hotel opened its doors for the fist time in October 1912, just six months after the sinking of the Titanic, and one hundred years have now passed since the hotel started welcoming the cream of European society to the capital of Spain. Built at the express wishes of King Alfonso XIII, since opening, the hotel has played host to a wide range of eminent people including presidents, famous actors and actresses, artists, ministers of all sorts and even spies.

The early years of the hotel coincided with the First World War, then came the ‘Roaring 20s’ and celebrities like Josephine Baker, Carlos Gardel, Salvador Dalí, Luis Buñuel and Federico García Lorca all stayed at the hotel and made frequent appearances at the hotel bar. Albert Einstein stayed at the hotel in March 1923.

The start of the 1930s saw the period of the Republic in Spain and the most famous politicians of the day would regularly meet in the rooms of the hotel. Turbulent times ensued, and, as the Spanish civil war exploded, the hotel, which until then was known the for its splendour and glamour, became a field hospital and although no ...Click to read more about Madrid Hotels

Profitability suffers among Madrid hotels

Reports indicate that the hotels in Madrid experienced some falls in profitability during the month of May when compared to the same period last year. This is somewhat surprising since most hotels in in other parts of Spain actually experienced a general increase of revenue per available room (RevPAR) during the same month.

The information was recorded in the latest report from HotStats prepared by TRI Hospitality Consulting in collaboration with the Confederation of Hotels and Tourist Accommodation in Spain (CEHAT). The report examined mainly 4 and 5 star hotels under recognized brands in five different cities in Spain, namely, Madrid, Barcelona, Valencia, Seville and Mallorca .

Four star establishments in Madrid delivered the worst results among the hotels examined in the report and the RevPAR actually fell by some 19.8 percent to €66.43 in May this year compared to €82.8o last year. The decline in profitability among five star hotels in Madrid was less pronounced. The RevPar stood at €165.05 which is just 2.5 percent lower than in 2010 and the average room price decreased by 2.8 percent to €214.78. Occupancy levels were up ever so slightly by 0.2 percent. A fall in gross operational profit (GopPar) of 35.1 percent was recorded in 4 star hotels and 8.2 percent ...Click to read more about Madrid Hotels

Two new High Tech hotels in Madrid

High Tech Hotels had opened two new hotels in Madrid, the Hotel Petit Palace Santa Barbara and the Hotel Petit Palace Savoy Alfonso XII. Requiring an investment of just over €10 million in order to totally renovate the buildings to convert them into hotels, High Tech Hotels appears to be ignoring the economic crisis in Spain and is continuing to follow its planned expansion. The president of the group, Javier Candela, recently stated: “We remain committed to Madrid and now have 21 hotels operating at the moment.”

The renovation of the buildings has been carried out in a way that respects the original facades and heritage elements, and now offers two new luxury hotels right in central Madrid. The Hotel Petit Palace Santa Barbara is located in one of the most prestigious parts of Madrid in the Alonso Martinez area of Chamberí. With 77 rooms, this four star hotel follows the typical avant-garde design of the other hotels in the High Tech group. It is an old building, completely renovated, which revolves around a large central courtyard giving a touch of light and open space in the center.

For its part, the Savoy Hotel Petit Palace Alfonso XII directly overlooks the famous Retiro Park. It is located in ...Click to read more about Madrid Hotels

Madrid and Catalonia have most expensive hotels in Spain

According to the Hotel Price Index (THPI) study conducted by the travel portal Trivago.es for the month of June, the hotels in Madrid are currently the second most expensive in Spain coming in at an average of €105 per night after the hotels in the autonomous region of Catalonia. This latest study confirms Catalonia and Madrid as the two areas with the most expensive hotels in Spain. Staying in a Catalan hotel costs on average €126 per night and along with the €105 a night in Madrid confirms these as the most expensive rates in the country.

These figures are closely followed by hotels prices in the Basque Country and the Balearic Islands where spending a night in a hotel will set you back on average €97. Valencia comes next with an average price of €92. The latter two regions showed the highest price increase recorded since the month of May and in the Balearic Islands hotel rates went up by 22 percent and in Valencia by 11 percent. In relation to the big cities Barcelona is once again the city with the highest hotel rates, costing on average €140 per night.

On the other hand, the cheapest hotels in Spain to stay in during the month of June are ...Click to read more about Madrid Hotels

Code of Practice approved for Madrid hotels

The growth of the tourism market in Madrid in recent years has made the hotel sector in the capital of Spain increasingly more competitive. With the increase in demand comes the responsibility of improving the quality of services in order to increase customer satisfaction and the possibility of achieving the ever elusive ‘repeat’ business.

Madrid City Council wants to play its part in the improvement of the quality and professionalism of the services offered by the hotels in Madrid and has introduced a Code of Good Practice especially designed for the hotel sector. The code has already been approved by the Council and will serve as an instrument to ensure the protection of the rights of guests staying in the hotels of Madrid.

The Code is the result of a collaboration agreement signed by Madrid City Council and the Hotel Business Association of Madrid (AEHM). In this way, the hotel sector will be integrated into the “Good Practice” programme which has been developed in recent years by the Municipal Institute for Consumer Affairs. Those hotels in Madrid which join this Code of Good Practice will undertake to improve their business practices in relation to the quality and safety of the services provided for their customers. They will also ...Click to read more about Madrid Hotels

Hotel InterContinental Madrid acquired by Lebanese investor

The InterContinental hotel in Madrid, one of the most emblematic hotels in the capital of Spain, has a new owner. The Lebanese investor Toufic Aboukhater has purchased, through his company Mansion Services, a portfolio of seven hotels currently operated by the U.S. chain in various European capitals. Among them is the InterContinental De La Ville (Rome), the Hotel Carlton in Cannes (Cannes) and now the InterContinental hotel in Madrid.

The management of the hotel will remain with the hotel group, which signed a contract for 30 years, as part of its strategy to manage hotels without owning them. Five years ago, investment bank Morgan Stanley opted to diversify into the hotel sector and, in addition to the acquisition of the InterContinental Hotels it also acquired ten Hilton hotels for €556 million.  With the economic crisis, the company has chosen the opposite approach and, last February, they sold the Hilton hotel in Barcelona to Westmont Hospitality Group for €40 million.

The Hotel InterContinental Madrid, which was built on the site of the 18th Century palace of the Marquis of Merit, was the first international hotel in Madrid. Opened in 1953, the Castellana Hilton, as it was then called, was the favourite of Hollywood stars like Ava Gardner, Sophia Loren, Gina ...Click to read more about Madrid Hotels

2010 record year for hotels in Madrid

Last year was a record year for the hotels in Madrid. That’s according to an analysis of tourist flows from the official Spanish tourism organisation in the ‘Comunidad de Madrid’ which reveals that in 2010 Madrid had nearly ten million visitors, representing a growth of around 11.02 percent over the previous year. 2010 can therefore be considered a truly record year for tourism in Madrid in all categories.

In total 9.8 million tourists stayed in the hotels in Madrid accumulating some 18.6 million overnight stays during the year, of which 9.2 million were spent by guests from outside Spain which also represents a record number of international visitors. In addition, we must add that as the capital of Spain, the city is an extremely important national tourist destination and recorded more than five and a half million visits by Spanish tourists. These figures represent a growth of 6.1 percent in tourism to the capital from the rest of Spain when compared to the 2009 figures.

These good results from Madrid even surpass the numbers from years before the onset of the economic crisis and are the best annual figures to date. In 2010 the number of tourists exceeded the numbers from 2007 by around 500,000 and the number of overnight ...Click to read more about Madrid Hotels

Travelodge invests €12 million in third Madrid hotel

Hotel chain Travelodge is to make a further investment in Spain by committing around 12 million euro to open its third hotel in Madrid. The hotel will be a new-build and will be located in the business park of Julián Camarillo in the north east of the city near the M40 motorway on the way to Barajas airport. The hotel will have 98 rooms and at least 37 parking spaces.

This new hotel in Madrid, which will join the Travelodge Torrelaguna and Travelodge Las Rozas, would appear to be a sign of confidence from the British budget hotel chain in the Spanish market. Construction of the new hotel to be called Travelodge ‘Santa Leonor de Madrid’ will start in August, coinciding with the opening of a yet another new Travelodge in Spain in the city of Valencia.

According to Horacio Alcalá, director of international development at Travelodge, the company has been able to continue its growth path by being able to acquire establishments in better locations at lower prices thanks to the recession. Only in 2009 did the British hotel chain announce its intention to expand into Spain with an investment of 61 million euro and the opening of three new hotels in Barcelona, Seville and Valencia.

The new Travelodge ...Click to read more about Madrid Hotels

Etap opens ninth hotel in Spain

The “Low Cost” hotel chain Etap has opened its latest hotel in Spain in the Vallecas area of the capital Madrid. Located in a major industrial and commercial area, Etap Madrid Vallecas has 98 rooms. The company, which currently has 9 hotels in Spain, in the cities of Madrid, Barcelona, Bilbao, Granada, Alicante, Girona, Oviedo and more recently in Malaga, will have a greater role in the country in the coming years with an expansion plan that includes the opening of 11 hotels in Spain by 2014.

The newly opened hotel in Madrid features the new generation of Etap rooms (they won the Best Interior Design Prize at the European Awards for the Best Hotel Design) which incorporate new elements of comfort such as a soft quilt, touch reading lights, more spacious showers, a larger baggage area and full length mirror.

The common areas have also been redesigned with a new reception area and breakfast room. The modern and functional design in the Etap Madrid Vallecas pays particular attention to the LED lighting. The Mediterranean spirit is reflected on the ground floor which has been painted in blue.

The Etap hotel chain is the low cost brand of the Accor hotel group, which operates mainly in Europe and provides ...Click to read more about Madrid Hotels