11 properties in Madrid, Spain, ranked by how much of the Sapphire Reserve credit each stay actually uses.
The Edit by Chase Travel lists 11 properties in Madrid, Spain. 1 of them is an IHG brand where the credits stack to $500, so those stays draw down twice the credit.
1 stay price at or below the credit they qualify for, meaning the statement credit covers the whole sampled two-night stay and nothing lands on your card. The strongest value on our sampled dates is Thompson Madrid, Part of Hyatt in Madrid at about $642 for two nights — that uses the full $250 credit, for $392 out of pocket.
Sampled two-night totals here run from $446 to a median of about $1,612. Every row below shows what the credit reimburses and what actually lands on your card — see how the credit works for why that differs from the room rate.
| Hotel | City | 2-night est. | Credit | Out of pocket |
|---|---|---|---|---|
| Thompson Madrid, Part of Hyatt | Madrid | $642 | $250 of $250 | $392 |
| URSO Hotel & Spa | Madrid | $710 | $250 of $250 | $460 |
| Casa de las Artes, The Melia Collection | Madrid | $1,174.86 | $250 of $250 | $924.86 |
| Gran Hotel Inglés - The Leading Hotels of the World | Madrid | $1,342.98 | $250 of $250 | $1,092.98 |
| Hotel Fenix, a Gran Meliá Hotel | Madrid | $1,612 | $250 of $250 | $1,362 |
| Bless Hotel Madrid | Madrid | $1,744.38 | $250 of $250 | $1,494.38 |
| Palacio de los Duques Gran Meliá - The Leading Hotels of the World | Madrid | $1,919.66 | $250 of $250 | $1,669.66 |
| Four Seasons Hotel Madrid | Madrid | $2,371.22 | $250 of $250 | $2,121.22 |
| Santo Mauro, a Luxury Collection Hotel | Madrid | $2,979.18 | $250 of $250 | $2,729.18 |
| The Palace, a Luxury Collection Hotel, Madrid | Madrid | $4,494.84 | $250 of $250 | $4,244.84 |
| InterContinental Madrid by IHG IHG $500 | Madrid | $446 | $446 of $500 | $0 |