Four Seasons Hotel Madrid

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Four Seasons Hotel Madrid
Palacio de la Equitativa (Madrid) 14.jpg
General information
AddressCalle de Alcalá, 14
Completed1891 (1891)
Design and construction
ArchitectJosé Grases Riera (original)
Estudio Lamela (2013–19)

The Four Seasons Hotel Madrid is an upcoming luxury hotel in Madrid, Spain, expected to open in late 2019.[1] The 200-room hotel is set to become the largest and most expensive hotel in Madrid's history, with suites costing up to €12,000 a night.[2]

Located in Madrid's city center and steps away from the Puerta del Sol, the building was originally constructed from 1887 to 1891 as the headquarters of La Equitativa insurance company. It underwent extensive renovations from 2013 to 2019 to become the first Four Seasons Hotel in Spain.[3]


Bell tower of the hotel

The building was originally built from 1887 to 1891 by Spanish architect José Grases Riera. It originally served as the headquarters of La Equitativa insurance company, being known as the Palace of La Equitativa. From 1920 to 2004, it was the headquarters of Spanish bank Banesto. After being acquired by Spain's biggest bank Santander, Banesto changed headquarters in 2004. Afterwards, the building stood empty and abandoned for several years.[4][5]

In 2012, the building was declared as a cultural heritage monument and was sold that same year by Santander to construction company OHL, with plans to transform it into a luxury hotel.[6][7] In late 2013, extensive repairs, restorations and renovations began to transform the neglected building into a Four Seasons hotel. The building's protection status posed several constructive challenges and delays.[8][9]

The construction of the hotel eventually became part of a €530 million project that restored six additional buildings right next to the hotel. The six smaller buildings eventually joined the Palace of La Equitativa to create an even bigger complex that not only includes the hotel, but also the luxury shopping mall La Galería de Canalejas, all of which will open simultaneously as the new Canalejas Center.[10][11][12]


Four Seasons Hotel Madrid has 200 hotel rooms, including 39 suites, two restaurants, a spa, meeting rooms, an indoor swimming pool and an expansive roof terrace.[13] The top floors of the building are reserved for 22 private luxury residences, where residents have access to all hotel services, which sell for at least €2.4 million.[14] The hotel room prices range from €500 for a single room to €12,000 for a suite, per night.[15]