Opened in 1910, the Ritz is the classic luxury Madrid stay, with all the grandeur you want from a historic palace hotel and a beautiful courtyard made for long lunches and drinks. Expect impeccable service, a gorgeous spa, state-of-the-art gym, and all the luxurious amenities of a true five-star hotel. Its location is hard to beat, right by the Prado and Retiro Park, making it especially perfect for a first trip to the city.