Mandarin Oriental Ritz, Madrid hero
mandarin_oriental ·mandarin_oriental

Mandarin Oriental Ritz, Madrid

Pl. de la Lealtad, 5, Retiro, 28014 Madrid, Spain
Forbes ★★★★★
Condé Nast Readers' Choice '24 +1
Google 4.7
Overall 92
Lowest upcoming
$575
11 Aug 2026
Highest upcoming
$2,321
26 Sep 2026
Median nightly
$888
across 365 upcoming days
Cheapest week
9 to 15 Aug
34% below annual median

Daily price line

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Cheapest week ahead: 9–15 Aug 2026 at $589/night (34% below median)

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Review

Synthesized from Forbes Travel Guide and Condé Nast Traveler
Forbes ★★★★★ 5-Star
Condé Nast Readers' Choice 2024 Gold List 2024

Character and identity

A 1910 Belle Époque landmark reopened in 2021 after its largest renovation, the Ritz now reads lighter and more contemporary while keeping its grandeur intact. Architect Rafael de La-Hoz and designers Gilles and Boissier worked in white, gold and Dolomite marble, with a Haberdashery leaf sculpture suspended beneath the lobby's crystal canopy. The 167 rooms and suites sit beside the Prado, opposite the Thyssen-Bornemisza and steps from Retiro. Quique Dacosta runs five venues including the tasting-menu Deessa, the Champagne Bar and the garden. A new underground spa, The Beauty Concept, and a white-marble pool round it out. Staff wear Jorge Vázquez.

Who's it for

Best for:
Culture-minded couples and design-literate travellers who want a grand European hotel that takes art, food and service seriously. The Golden Triangle location is unbeatable for museum days, the Dacosta restaurants justify booking a stay around dinner, and the staff-to-guest ratio shows in the polish. Families are accommodated with interconnecting rooms.

Should look elsewhere:
Anyone after a low-key boutique mood or a contemporary minimalist aesthetic will find the gilded picture frames and chandeliers too dressed-up. It's also a poor fit for travellers chasing nightlife buzz inside the hotel, or value-seekers: rates reflect the renovation and the Mandarin Oriental positioning.

Bottom line

The draw here is the combination of Quique Dacosta across five venues and a service register that genuinely matches the room rate, set inside a Belle Époque building that no longer feels like a museum piece. Spend the money if Madrid means art and dining for you; book a Junior Suite for the space, and aim for a Deessa tasting menu and afternoon tea in Palm Court on the same trip.

Location

Pl. de la Lealtad, 5, Retiro, 28014 Madrid, Spain · 10 nearest tracked hotels

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Amenities

27 features
Bar
Gym
Indoor pool
Meeting rooms
Restaurants
Spa
Wi-Fi
Restaurant
Room service
Breakfast
Breakfast buffet
Credit cards

Practical info