Main Photo: The new Mandarin Oriental Ritz in Madrid, due to re-open this summer
Date: January 2020
Location: Situated within the Golden Triangle of Art, Madrid, Spain
Name: The Mandarin Oriental Ritz, Madrid
No. of Keys: 153, including 53 suites
Seller: The hotel, which was designed and built under the supervision of legendary hotelier César Ritz, first opened its doors in 1910.
The previous owner, Belmond sold the hotel to Mandarin Oriental and the Saudi-based Olayan Group in May 2015 for US$148 Million. In January 2018 the closed for a reported $121m renovation.
Buyer: The iconic Hotel Ritz, Madrid is set to reopen in the summer as Mandarin Oriental Ritz, Madrid, following the most extensive restoration in its 110-year history.
The restoration will significantly enhance the hotel’s facilities and services, while maintaining its unique character, encapsulated in the Belle Époque style of the original building.
Spanish architect, Rafael de La-Hoz, has been instrumental in providing the context for the historical restoration, while French designers, Gilles & Boissier, have overseen the interiors with the aim of increasing the property’s appeal to local and international guests alike while celebrating César Ritz’s pioneering spirit.
The re-design of the public spaces has focused on restoring the hotel’s many fine interior architectural features, while incorporating a number of valuable artistic pieces from the property’s collection, including crystal chandeliers, antique paintings and sculptures.
The hotel has always been an integral part of society in Spain’s capital, and has been host to royalty, politicians, corporate leaders and celebrities.
It is situated within the ‘Golden Triangle of Art’, an area defined by the most important museums in the city – the Prado, the Thyssen-Bornemisza and the Reina Sofía Museum of Modern Art.
The property’s location within a prestigious residential area close to Madrid’s financial and commercial district and to El Retiro Park, adds to its appeal.
“We are proud and excited to be opening Mandarin Oriental Ritz, Madrid this summer, our second hotel in Spain.
“The meticulous restoration is designed to ensure that this legendary property is once again recognised as one of Europe’s greatest hotels,” said James Riley, group chief executive of Mandarin Oriental Hotel Group.
“We are confident that the local community will be even more proud of this historic landmark, and we look forward to providing our guests with memorable experiences, in majestic surroundings, all underpinned by Mandarin Oriental’s exceptional service.”
Gilles & Boissier have created a sophisticated design for the hotel’s new guestrooms, encapsulating a classic but contemporary residential style for the 153 rooms including 53 suites.
Within the suite inventory, there are several one-of-a-kind speciality suites, featuring unique design elements inspired by the hotel’s historic connections to the city, Spanish culture and art.
A spacious Royal Suite and the Presidential Suite feature magnificent views over the Prado museum. Located in the top floor turrets are two new suites, each with private balconies and views over the Prado Museum and Lealtad Square.
First Seen: Breaking Travel News
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