NH Palacio de Tepa
This hotel is a NH chain hotel, and I’ve been in lots of them. They always offer great confort and service without exception. NH Palacio de Tepa is specially beautiful and confortable. Our stay in Madrid was much better thanks to the rest we took at the hotel. Madrid is a huge city, lots of things and places to see, lots of activities you can do and enjoy, the less you can do is sleep at a nice hotel like this. They have a nice restaurant, most rooms with balconies and best location. Plaza Mayor is a minute walking… Enjoy it!
And many more at: http://www.totaltravel24.com/travelers-favorite-hotels-in-madrid/