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Plaza de las Cortés 10, Madrid, Spain

For a medium-size hotel that combines elegance, modern amenities, friendly service, and a great location, look no further: the Villa Real faces Spain's parliament and is convenient to almost everything, particularly the Prado and Thyssen-Bornemisza museums. The simulated 19th-century facade gives way to an intimate lobby with modern furnishings. Many rooms are split-level, with a small sitting area. Some suites have whirlpool baths. www.derbyhotels.es. 94 rooms, 20 suites. In-room: dial-up, Wi-Fi. In-hotel: restaurant, bar, parking (fee). AE, DC, MC, V.