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Hotel Ritz Madrid Hotel Review: Prestigious is the word that comes to mind when conjuring up images of the Hotel Ritz. Situated in arguably the best part of town, close to Retiro Park and the Prado Museum, the hotel provides the perfect location for discerning leisure travelers. Embroidered sheets, marble bathrooms and stylish antique furniture are just some of the treats to be found in the lavish guest rooms. Business travelers are catered to as well, with a business center and multiple meeting spaces. The hotel offers high-speed Internet access, a gym, a restaurant and the glorious outdoor Ritz Terrace for lunch, drinks or dinner in season.