Great news for Spain’s hotel industry today: Four Seasons has announced that it will make its Spanish debut in the capital city within the next four years.
The new Four Seasons will be housed in the series of heritage buildings comprising the Canalejas complex, adjacent to the Puerta del Sol and close to Madrid’s major landmarks and city center. The buildings include frontages on Alcalá Street, Sevilla Street, Canalejas Square and Carrera de San Jerónimo.
Following repairs, restoration and renovations, Four Seasons Hotel Madrid is looking to be a social and business center. The multi-use complex will include the 215-room Four Seasons Hotel Madrid, luxury residences also managed by Four Seasons, a shopping center, and a 500-space parking garage. Construction is projected to begin at the end of 2013.
The introduction of the world’s most prestigious hotel brand reinforces Madrid’s position as a venue for major international events. There would be invested EUR 500 million in the project.
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