DH and I spent 5 nights there during our visit to Madrid. The hotel is just 2 blocks away from the Atocha train station and 1 block away from the metro which makes getting around very easy, and particularly great if you plan to take day trips to near by cities like Avila, Toledo etc via the train. From the metro stop Puerta del Sol and the central district near Plaza Mayor is only 3 metro stops away. While there are not lot of good restaurants in the immediate area near the hotel, it is only about 10-15 min walk to the Plaza Santa Ana where there are plenty of restaurants to choose from. The room is spacious with a modern decor and very comfortable. We never heard any street noise from our room on the 5th floor. The hotel breakfast buffet is a bit pricey but worth a try at least once as they have a nice spread of various foods including the wonderful jamon and lomo! The front desk staff can also appear snooty at times but when we asked we have no trouble getting them to make reservations at various restaurants for us. All in all we are happy with our stay and wouldn't hesitate to go back if we ever visit Madrid again.

We chose this hotel for its location near the major museums and galleries and were not disappointed. Unexpectedly, it was also near an excellent area for bars and tapas places (the Huertas) and another interesting local area with lots of interest (Lavapies).

As for the hotel itself, it's sleek and modern with comfortable rooms and a decent bar/restaurant. People on this site who have criticised the service have either been unlucky or are confusing effiency with effusiveness. The only reason I haven't given it 5 stars is the fact that the rooms at the front are a bit noisy (traffic etc), even withthe double galzing. Ask for rooms at the back. As others have noted, the breakfast is excellent, but it is expensive. There's a nice place over the road where you can get something more modest. One final warning - there are very few restaurants open on Sunday or Monday evenings.

We spent 4 nights at the Paseo del Arte, really quiet, with very clean rooms. Great value for money. It was about £370.00 inc. breakfast... I do recommend you search long and hard for a good price on the web as the prices do vary.

Location is great for museums, and 2 minutes walk to metro (this is really cheap, fast and regular) Get 10 tickets for about 6 euros 70. Although you can walk to the centre in about 15 mins and the streets are great to wander through.
We felt quite safe in this area.

Food seemed a bit pricey, but it is a capital.
Taxi cost about 30euros from airport and took about 20-30 mins. Do be warned traffic to airport at about 8.30am (returning home) was quite busy.

Cannot fault hotel for how clean it was - the room was pretty standard in size, but very modern decor. Helpful staff.

Breakfast a joy, so much variety, from hot bacon and scrambled eggs to chocolate cake (even red and white wine!!!)

Our view from bedroom was a touch disappointing, BUT it was very quiet
and were we did not hear road traffice noise at all.

We liked:
Royal Palace (Palacio Real De Madrid); 8euros (Amazing place, the decor in the rooms is overwhelming!!!) If you go anywhere - go here. Queues are big, so go about 2.30pm/3.00pm, when they are quieter.
Bernabeu Stadium tour; 15euros

Madrid is a great place for a 3 day visit! (worth getting the Madrid Vision Tour bus first day to get your bearings! (about 17euros)

The location can't be beat right next to the museums and Retiro Park. The hotel was modern, clean and the staff was helpful and efficient. The only downside was the nightclub next door which opened at 10 p.m. and on weekends there were crowds of people outside the hotel singing loudly at 5 a.m. when the club closed. This noise could be minimized or eliminated by requesting a room not facing the street or a room as high up as possible. Other than that it was lovely with the metro right next door.