The capital continues to capture investor appetite and add luxury hotels. Madrid will exceed 2,700 luxury rooms by the end of the year.

50% of the openings of new hotels in the next five years will be in the capital. The average price paid by customers for a room in Madrid exceeds 46% the levels of 2019. The latest to announce an opening of these characteristics has been the prestigious firm Marriott, which will convert the centenary Palace hotel in Madrid into a luxury hotel under its seal The Luxury Collection.