Survey: The most expensive hotels in Madrid (2026 Update)

Updated: September 2026

The exclusive Relais & Chateaux Hotel Orfila Madrid is the city’s priciest accommodation option, according to our latest 2026 survey.

The updated survey by Luxury-Hotels.com compared rates at every upscale hotel across Madrid in order to produce the findings. Comparisons were based on the cost of the cheapest double room during June 2026 – the time of the year when hotels in Madrid tend to charge their highest rates.

Visitors considering a stay at Relais & Chateaux Hotel Orfila Madrid can expect to pay a minimum of $3,818 for the most affordable double room during June – the most expensive rate anywhere in the city. Second priciest is Brach Madrid - Evok Collection Hotel, where guests will pay at least $3,810, and third is Thompson Madrid, By Hyatt Hotel, where the survey found the cheapest room to be $3,291.

The table below shows the 10 priciest luxury hotels in Madrid. The rates shown reflect the price for the most affordable available double room in each hotel during June 2026.

Rank	Name of Hotel	Location	Avg. rate/ night
1.	Relais & Chateaux Hotel Orfila Madrid	Madrid, Spain	$3,818
2.	Brach Madrid - Evok Collection Hotel	Madrid, Spain	$3,810
3.	Thompson Madrid, By Hyatt Hotel	Madrid, Spain	$3,291
4.	Jw Marriott Hotel Madrid	Madrid, Spain	$3,066
5.	Hyatt Regency Madrid Residences	Madrid, Spain	$842
6.	Four Seasons Hotel Madrid	Madrid, Spain	$803
7.	Circulo Gran Via, Autograph Collection (Adults Only)	Madrid, Spain	$617
8.	Hotel Unico Madrid, Small Luxury Hotels	Madrid, Spain	$285
9.	Eurostars Madrid Tower Hotel	Madrid, Spain	$233
10.	Barcelo Emperatriz Hotel Madrid	Madrid, Spain	$218

About the survey:
The survey was completely updated in May 2026. For each luxury hotel in Madrid, the most affordable rate for a double room during June 2026 was recorded, based on prices given by a number of renowned hotel booking websites. For the purposes of the survey, three-night stays (excluding Sunday-Tuesday) were used as a point of comparison. Cheaper rates may be available for stays of four nights or more.

Conclusion:
The 2026 rankings showcase Madrid's evolving luxury landscape, where historic charm meets modern opulence. With elite properties like the Relais & Chateaux Hotel Orfila and the Brach Madrid commanding premium rates, the Spanish capital cements its status as a top-tier destination for discerning travelers seeking exceptional design, world-class gastronomy, and unparalleled service in the heart of Europe.