DESCRIPTION
This hotel is a distinguished 5-star property situated in Madrid. Spanning 34,000 m² across 12 floors, the hotel is an architectural masterpiece celebrated for its avant-garde design.
Opened in 2005, it stands as a unique landmark where each floor was crafted by a different world-renowned architect, including visionaries like Norman Foster, Zaha Hadid, and Jean Nouvel.
This concept creates a compelling and visually stunning experience, differentiating it from traditional luxury hotels and appealing to a clientele that appreciates art, design, and a distinct atmosphere. The property’s iconic status makes it a significant asset in Madrid’s luxury hotel landscape.
The hotel features 315 guest rooms, including 34 suites, each offering a unique design aesthetic and equipped with modern amenities such as smart TVs and advanced audiovisual systems.
In addition to its accommodations, the hotel offers a comprehensive range of facilities catering to both leisure and business travelers. These include a restaurant specializing in modern Spanish cuisine with terrace dining, a popular rooftop bar known as Skynight that offers panoramic views of the city, and one of Europe’s largest vertical gardens. Additional amenities comprise a seasonal outdoor pool, a fitness center, a lively nightclub, and versatile meeting spaces, ensuring a comprehensive guest experience.
Currently offered for sale without an incumbent operator, the property presents a compelling investment opportunity. Its solid physical assets, including 34,000 m² of total area and a 4,876 m² land parcel, are well-maintained but may benefit from a moderate capital expenditure to modernize certain elements.
The lack of an existing management contract provides the new owner with flexibility to partner with a leading international hotel brand like IHG or Accor, or to implement a new operational strategy. This allows for tailored management that can capitalize on Madrid’s robust luxury hotel market, which is projected to see strong occupancy rates and rising revenue metrics in the coming years.
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