The cosmopolitan city of Madrid is one of Europe's premiere tourist destinations and has a large selection of accommodation options from exclusive five-star hotels to affordable three-star rooms and also cost-friendly hostels for those on a budget.

There is a plethora of accommodation options in Madrid, with some world-class five-star hotels available. There are numerous international hotel groups with accommodation in Madrid including Westin, Hyatt, Intercontinental, Best Western and Marriot.

Positioned in the heart of the city near to the financial district is the Hotel Ritz Madrid, which is a decadent hotel catering to both business and leisure travellers. Gran Melia Fenix is a well-established hotel in Madrid that has recently been refurbished. The hotel offers luxurious rooms and top class facilities and services. The Hesperia Madrid is a modern hotel with classical décor. It provides a good place to stay with a host of facilities catering for business travellers.

In the heart of Madrid is the old traditional centre, which is home to numerous quarters including 17th century Austrias, Chueca, Malasana and Chamberi. You will find a wide range of restaurants, bars and outdoor cafés to enjoy here. There are literally hundreds of hotels with varying styles and budgets. Both the Vincci Via Hotel and the Marai Elena Palace are reasonably priced and comfortable.

Lavapies quarter, which is located in the central district of Madrid, is home to some of the city's trendiest shopping and dining areas. The old cobblestoned streets are charming, with many having been turned into pedestrian zones. There are some great hotels in Lavapies, with numerous boutiques and charming guest houses.

The Ensanche section of the city is home to several beautiful and quaint areas including Castellana, Recoletos and Paseo del Prado. The Ensanche is one of the most fashionable places to live in Madrid and has a great selection of local restaurants, designer shops and historic buildings. Hotels in the area are generally more expensive than in other parts of the city but some cheaper alternatives can be found.

Further out from the city centre is the picturesque Ciudad Lineal with its beautiful tree-lined streets and grand 19th century architecture. Two of the city's best parks are located here; El Capricho and Juan Carlos. There are also numerous tourist attractions and tours of the area.

The newest part of the city is Sanchinarro, which is made up of modern apartments and hotels that are still being built. The area aims to be the face of Madrid in the 21st century.