Iberostar Las Letras Gran Via, MadridIberostar Las Letras Gran Via in Madrid, Spain has a corrected score of 3.7 ± 0.1 (solid evidence, 4 of 4 platforms), ranked 66 of 278 hotels we score in Madrid. Its platform ratings, normalised to 0-5, average 3.9 before correction: Booking.com 3.8, Tripadvisor 4.1, Google 3.8, Agoda 3.9. Rooms from about $496 a night (cached, not a live quote).Iberostar Las Letras Gran Vía is a four-star hotel set in a restored 1927 building on Madrid's Gran Vía, a street known for shopping and cultural venues. It has 109 rooms that mix traditional architecture with contemporary design, plus a library reflecting its literary theme. Facilities include the Al Trapo restaurant, a seasonal rooftop terrace with a small pool and city views, and a breakfast buffet. The Thyssen-Bornemisza museum and Puerta del Sol are within walking distance, so it suits visitors who want sightseeing on foot, as well as families. Rates start around $496 a night, and some guests report rooms being understocked with basics.What stands out

Central Gran Vía location in Madrid

Rooftop terrace with city views

Friendly, helpful staff

Good breakfast buffet

Watch out for

Some rooms understocked

Rates start around $496 a night

Better-scored in Madrid

Ayala 63, Madrid: 4.3 ± 0.2 (solid evidence, 4 of 4 platforms). Ayala 63 is a boutique apartment hotel on Calle Ayala in the Salamanca district of Madrid, about 1.5 miles from the Thyssen-Bornemisza Museum.

Coolrooms Palacio De Atocha, Madrid: 4.3 ± 0.2 (solid evidence, 4 of 4 platforms), from $275 a night. CoolRooms Palacio de Atocha is a four-star boutique hotel on Calle de Atocha in Madrid's Literary Quarter, set in a mansion built in 1852.

Room Mate Alba, Madrid: 4.2 ± 0.2 (fair evidence, 3 of 4 platforms), from $195 a night. Room Mate Alba is a four-star boutique hotel located in the Barrio de Las Letras.