The NH Collection Madrid Paseo del Prado occupies a magnificent 1904 palace designed by renowned architect Antonio Palacios — also responsible for the iconic Palacio de Cibeles — in one of Madrid's most prestigious addresses, directly overlooking the Fountain of Neptune and the UNESCO "Landscape of Light". The Prado and Thyssen-Bornemisza museums are literally across the street, the Reina Sofía a 10-minute walk, and the Buen Retiro Park 5 minutes away. The hotel's seven-storey interior is decorated with marble and Spanish walnut, with deep carpets produced at the Royal Tapestry Factory — an atmosphere that blends 19th-century grandeur with modern 5-star comfort.

The 113 spacious rooms and suites — including Premium rooms and Junior Suites with magnificent views of the Neptune Fountain — feature plush bedding, pillow menu, espresso machine, minibar, laptop-compatible safe, flat-screen TV, rain shower and free Wi-Fi. Estado Puro, the award-winning tapas restaurant by Michelin-starred chef Paco Roncero, and the Suite & Tea lounge (premium teas, pastries and sandwiches) complete the gastronomic offer. A rooftop gym with panoramic Madrid skyline views is complimentary for all guests, open daily 07:00–23:00.