This small luxury Madrid hotel, part of the Marriott Autograph Collection, is situated in a leafy corner of the historic Chamberí neighbourhood and is housed in a 19th-century palace that once served as an embassy. It has been reconstructed in a tasteful combination of neoclassical and avant-garde styles. The lounges, ornamented with stucco mouldings, mirrors and fluted pilasters, evoke the refinement of a bygone age and are the perfect setting for entertaining clients. Other facilities include business services, six conference rooms (occupying the former ballrooms), interpreting services, multilingual staff, an indoor swimming pool and a fitness centre.

Despite the name, this five-star property in the heart of Madrid's most affluent neighbourhood, Salamanca, is not exactly unique – at least in terms of interior design. But based in a 19th-century palace, it is smart and elegant, with numerous luxurious touches such as the coffee machine in the rooms, the ground-floor garden that manages to block out the noise of the city and the staff who deliver complimentary chocolates and water to your room in the afternoon. Breakfast in the aforementioned garden is an extravagant affair, with fresh-baked pastries, Iberico ham, fine cheese and eggs to order.

Concealed behind a palatial facade, The Principal is situated on the corner of one of Madrid's most important streets, Gran Vía. The entrance, reception and dining area are handsomely decorated, with portraits of aristocrats and fine wooden furnishings conjuring 19th century grandeur. Rooms are stylish without being ostentatious; expect carpeted floors and elegant but simple furniture. Ask for a room overlooking Gran Vía for terrific views over the city, or you can always pop up to the roof terrace for a drink.

Looming over the grandest boulevard in Madrid, Hesperia is a haven from the rush and frenzy of the capital city sprawling beyond its doors. The lobby and dining area are enormous, which means finding a quiet corner of your own is easy. The rooms are large too, many of them with separate lounge and sleeping areas, and all furnished with warm tones and classic woodwork. Book a room with a view of Paseo de la Castellana, the noise of which is inaudible thanks to triple-glazed windows.

Located close to the Gran Via, this Madrid hotel can truly boast 'all mod cons'. Part of the state-of-the-art High Tech hotel chain, its 58 boutique rooms are full of electronic knobs and whistles, including a flat screen TV and a hydro-massage shower. That doesn't impinge on comfort levels, though, and the red and black décor gives it a classy feel.

The location is one of the main attractions of this 170-room boutique hotel in Madrid, opposite Goya Metro station in the upmarket Salamanca district, 1km (0.6 miles) from Retiro Park and the chic shops of Calle Serrano. There are a few forays into the realm of luxury service, with a pillow menu and a book delivery service. The restaurant serves creative Mediterranean dishes.

It’s not just the location that makes this a great value hotel, although being a stone’s throw from Plaza Santa Ana and Plaza del Angel doesn’t hurt. The building is a lovely 1920s throwback, and the rooms are bright and airy, with high ceilings. Many hotels are charging much more for way less. One of the best cheap hotels in Madrid.

One of the popular cheap options in Madrid’s Puerta de Alcalá area, Hotel Paris' 120 rooms are surprisingly spacious, decorated in classic style – this was one of the first luxury hotels in Madrid at the start of the 20th century. It was only when the Ritz was established in 1910 that it was relegated to a more modest category. Its main attraction is its location, right on the Puerta del Sol, with the main cultural stops right on its doorstep.

Less than 10 minutes from the centre of town by metro (Iglesia or Bilbao), the Trafalgar is a modern hotel that is popular with both tourists and businesspeople. It lies in a residential neighbourhood, well provided with shops, restaurants and other amenities. The 48 en-suite rooms, while unexceptional, are air-conditioned and have direct-dial telephones and TV. There is also a laundry service and currency exchange. The English-speaking staff are friendly and helpful.