Convention hotel / Barrio de las Letras · Paseo del Prado

The Palace Madrid: gala dinners and meetings in a historic hotel

The Palace, a Luxury Collection Hotel, Madrid is the former Westin Palace, reopened in 2025 after a two-year restoration. It has 470 bedrooms and 21 event spaces, with the Medinaceli room for up to 500 guests, next to the Paseo del Prado. We propose it for gala dinners, leadership meetings and high-end incentives.

What events does The Palace suit?

It is a historic luxury hotel in Madrid's cultural heart, with rooms designed for social and corporate events. It fits gala dinners of up to 500 guests, awards ceremonies, board or leadership meetings, presentations to VIP clients and incentive programmes. It is too small for a large convention, but it works very well as the leadership hotel or the venue for the closing dinner.

Rooms and capacities

The hotel has 21 spaces for meetings and events. Capacities of the main ones according to Marriott:

Space Theatre Banquet Reception
Medinaceli I/II/III 400 340 480
Palace I/II/III (Espacio Palace) 330 330 560
Neptuno I/II/III 240 240 285
Cortes I/II/III 100 110 120
Julio Camba 100 80 110

The hotel's website puts the maximum for Medinaceli and Espacio Palace at 500 guests: use that figure as a reference and confirm capacity against the floor plan for your set-up. Under the 1912 glass dome, restored during the refurbishment, is La Cúpula, the hotel's restaurant and bar. The hotel has 470 bedrooms.

Getting there

The address is Plaza de las Cortes 7, next to the Paseo del Prado and opposite the Spanish Parliament (Congreso de los Diputados). The nearest metro station is Banco de España. Atocha, with high-speed trains, is 1 km away, and the airport about 13 km by road.

Production tips

  • Respect the character of the building. In a historic hotel, ask what can be hung, fixed or projected in each room before designing the staging.
  • Plan guest arrivals. The square is small and busy: agree the car drop-off point and the welcome with the hotel.
  • Combine a function room and the dome. A welcome reception in one space and dinner in another gives the evening rhythm; confirm which areas can be made private.
  • Use the surroundings in the programme. The Prado and the Thyssen are a few minutes' walk away: fit in a cultural visit before dinner.

What pairs well nearby

To house a larger group or hold the plenary at another venue, the Hotel Riu Plaza España has a room for 1,500 people in the centre. For an equally exclusive format on the Castellana, compare it with the Rosewood Villa Magna. Look at other convention hotels or write to us and we will send you a proposal within 24 business hours.

Convention hotels

All venues

VenueAreaMaximum capacityRooms
Occidental Aranjuez
Part of the Marca Condal venue selection
Aranjuez · sur de Madrid 840 11
Eurostars Madrid Tower Cuatro Torres · Castellana Norte 1,200
Eurostars Suites Mirasierra
Part of the Marca Condal venue selection
Mirasierra · Fuencarral-El Pardo 850 17
H10 Villa de la Reina
Part of the Marca Condal venue selection
Gran Vía · Centro 50 3

Frequently asked questions

Is it the same hotel as the Westin Palace?

Yes. The hotel on Plaza de las Cortes was renamed The Palace, a Luxury Collection Hotel, Madrid after a two-year restoration, announced in March 2025.

What is its event capacity?

According to the hotel, its largest spaces, Medinaceli and Espacio Palace, host up to 500 guests. Marriott gives Medinaceli I/II/III as 400 people theatre style, 340 for a banquet and 480 for a reception.

How do you get to the hotel?

It is at Plaza de las Cortes 7. The nearest metro station is Banco de España, Atocha, with high-speed trains, is 1 km away, and the airport about 13 km.

Does it suit an incentive programme?

Yes. Its location, between the Prado, the Thyssen and the Barrio de las Letras, lets you combine luxury accommodation with cultural visits on foot.

Tell us about your event

We reply with a proposal within 24 business hours. No obligation.

  • We send a proposal within 24 business hours.
  • ECM is part of MC Group and specialises in corporate events, congresses and MICE in Madrid, where the team has organised more than 100 corporate events.

Tell us about your event

We reply with a proposal within 24 business hours. No obligation.

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