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 380 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.

Palacio Hotels: 2026 Top 10 Palacio Hotels with Limited-Time Deals @Expedia

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

HK$2,044 total

includes taxes & fees

18 Oct - 19 Oct

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

2. Ocean Drive Madrid

Palacio

Indiana

HK$2,334 total

includes taxes & fees

27 Sept - 28 Sept

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

3. Room Mate Macarena, Madrid Gran Vía

Palacio

Susanne

HK$2,290 total

includes taxes & fees

27 Sept - 28 Sept

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

4. Petit Palace Plaza Mayor

Palacio

Edwin

HK$1,964 total

includes taxes & fees

19 Oct - 20 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.

5. Hotel Ópera

Palacio

Elvis

HK$1,677 total

includes taxes & fees

4 Oct - 5 Oct

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

6. Hotel Emperador

Palacio

Susana

HK$2,044 total

includes taxes & fees

4 Oct - 5 Oct

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

7. Room Mate Mario, Madrid

Palacio

Hazem

HK$1,969 total

includes taxes & fees

12 Oct - 13 Oct

A modern hotel bathroom with a large mirror, a sink, and a vanity. There is a bed with a view of the city in the background.

8. Aloft by Marriott Madrid Gran Via

Palacio

Morgan

HK$2,289 total

includes taxes & fees

4 Oct - 5 Oct

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

9. Hotel Vincci Capitol

Palacio

SEBASTIAN Vicente

HK$1,975 total

includes taxes & fees

27 Sept - 28 Sept

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

HK$1,499 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.

11. Inhala Hotel Garden

Palacio

Steven

HK$1,562 total

includes taxes & fees

27 Sept - 28 Sept

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

12. Hostal Central Palace Madrid

Palacio

Alexandra

HK$2,188 total

includes taxes & fees

18 Oct - 19 Oct

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

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

Palacio

Alfonso

HK$5,594 total

includes taxes & fees

18 Oct - 19 Oct

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

14. Grupotel Mayorazgo

Palacio

Syria

HK$1,926 total

includes taxes & fees

27 Sept - 28 Sept

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.

15. LETOH LETOH Gran Vía

Palacio

Nathan

HK$1,443 total

includes taxes & fees

27 Sept - 28 Sept

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

16. Posada del León de Oro Boutique Hotel

Palacio

Mahreen Chowdhury and Nargis

HK$1,688 total

includes taxes & fees

4 Oct - 5 Oct

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

17. Espahotel Gran Via

Palacio

Tatiana

HK$1,414 total

includes taxes & fees

18 Oct - 19 Oct

A hotel room with a bed, two bedside lamps, a headboard with a patterned design, and a door on the left.

18. Habitaciones Alatriste

Palacio

HK$2,004 total

includes taxes & fees

28 Sept - 29 Sept

A modern hotel room with a bed, a sofa, a small table, and a floor lamp.

19. L&H La Latina

Palacio

Emily

HK$1,816 total

includes taxes & fees

30 Sept - 1 Oct

An outdoor patio with wicker chairs, round ottomans, and a dining area with tables and chairs.

20. Hotel Vincci Vía 66

Palacio

David Allen Sanguinetti

HK$1,877 total

includes taxes & fees

27 Sept - 28 Sept

View all properties

Compare popular hotels in Palacio

Property	Property class	Guest rating
Urban Hive Madrid	4.5 star property	9.8 Exceptional 349 reviews	View
Edmond Vibes Plaza de España Suites	4.0 star property	10.0 Exceptional 9 reviews	View
Palacio de los Duques Gran Meliá - The Leading Hotels of the World	5.0 star property	9.8 Exceptional 936 reviews	View
Ocean Drive Madrid	4.0 star property	9.4 Exceptional 968 reviews	View
Aloft by Marriott Madrid Gran Via	4.0 star property	9.4 Exceptional 324 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 historic building with a clock tower and a statue of a man on horseback.

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

Hotel Regina

10/10 Excellent

"Amazing experience overall!"

Room Mate Mario, Madrid

10/10 Excellent

"I had a wonderful experience here! Since we got there, we felt safe and at home; the staff were EXTREMELY courteous, friendly, and ALWAYS willing to help! To be honest, it has been one of my best experiences abroad... of course, Madrid's vibes help too, but staying at this hotel, which is super well located and within walking distance from so many places, takes the stay to the next level. And last but not least... the breakfast buffet is delicious."

Palacio hotels in Madrid

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Our top choices for Palacio hotels

1. Urban Hive Madrid

2. Ocean Drive Madrid

3. Room Mate Macarena, Madrid Gran Vía

4. Petit Palace Plaza Mayor

5. Hotel Ópera

6. Hotel Emperador

7. Room Mate Mario, Madrid

8. Aloft by Marriott Madrid Gran Via

9. Hotel Vincci Capitol

10. Hôtel Casón del Tormes by HappyCulture

11. Inhala Hotel Garden

12. Hostal Central Palace Madrid

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

14. Grupotel Mayorazgo

15. LETOH LETOH Gran Vía

16. Posada del León de Oro Boutique Hotel

17. Espahotel Gran Via

18. Habitaciones Alatriste

19. L&H La Latina

20. Hotel Vincci Vía 66

Compare popular hotels in Palacio

Where to stay in Palacio

Madrid Centro

Salamanca

Sol

Chueca

Malasaña

Top Palacio Hotel Reviews

Hotel Regina

Frequently asked questions

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