Madrid’s Luxury Hotel Market – Re-drawing the Map

By Philip Bacon MRICS, FCA on June 30, 2022

Madrid Luxury Hotel Market

Luxury hospitality in Spain has been evolving rapidly over the last decade. In Madrid, national and international luxury hotel chains have identified all that the city has to offer (culture, art, gastronomy, fashion, history) and the opportunity to lead a market that has desired a suitable product for many years.

This report by Horwath HTL Spain, examines Madrid’s current premium hotel market which is responding to changes in consumer needs and expectations. There are more interesting luxury hotel projects in the pipeline that will boost the city’s attractiveness but this raises the question of whether the market is likely to stabilise anytime soon.

Philip Bacon

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Philip Bacon MRICS, FCA