Madrid has 12 Edit by Chase hotels bookable with the Sapphire Reserve's $250 credit. December is the cheapest month, with a $465 median nightly Chase Travel rate across those properties, and February runs close behind at $472, while September peaks at $787. One hotel, InterContinental Madrid by IHG, qualifies for the select-brand double credit promotion that runs through December 31, 2026.
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The map and list below cover every Edit by Chase property in Madrid, with each hotel's typical nightly rate. Rates swing hard across the year: the citywide median nightly Chase Travel rate, fees included, runs from $465 in December to $787 in September, a $322 gap, based on roughly a year of nightly price-calendar data across all 12 hotels, refreshed nightly.
The Sapphire Reserve's $250 Edit credit stacks with the $100 property credit that every Edit stay carries, taking $350 off a qualifying booking. Two nights at December's $465 median cost about $930, so the stack covers roughly 38 percent of a typical stay in the cheapest month. The same two nights at September's $787 median cost about $1,574, and coverage drops to 22 percent.
The floor sits below the citywide median. InterContinental Madrid by IHG, rated 5.0, carries a $316 median nightly rate, the lowest of Madrid's 12 Edit hotels, and Casa de las Artes, The Melia Collection follows at $350. Two nights at the InterContinental run about $632 before credits, and it is Madrid's only double-credit hotel.
| Hotel | Rating | Typical nightly* |
|---|---|---|
|
InterContinental Madrid by IHG 2x credit IHG Hotels & Resorts |
★5.0 | $315 |
| Casa de las Artes, The Melia Collection | ★4.0 | $350 |
| The Principal Madrid, Small Luxury Hotels | ★5.0 | $436 |
| URSO Hotel & Spa | ★5.0 | $456 |
|
Thompson Madrid, by Hyatt Hyatt |
★5.0 | $542 |
| Hotel Fenix, a Gran Meliá Hotel | ★5.0 | $578 |
| Palacio de los Duques Gran Meliá - The Leading Hotels of the World | ★5.0 | $623 |
| Gran Hotel Inglés - The Leading Hotels of the World | ★5.0 | $645 |
| Bless Hotel Madrid | ★4.0 | $656 |
|
The Palace, a Luxury Collection Hotel, Madrid Marriott |
★5.0 | $657 |
|
Santo Mauro, a Luxury Collection Hotel Marriott |
★4.5 | $932 |
|
Four Seasons Hotel Madrid Four Seasons |
★5.0 | $1,243 |
*Median nightly Chase Travel rate (fees in) over the past year, for planning only. Chase rates typically run 10 to 20 percent above the hotel's own site; the Edit credits and perks only apply to Chase Travel bookings, and the price match guarantee can close the gap. Hotel names link to the hotel on Chase Travel (sign in to your Chase account first).
The cheapest months for Madrid Edit hotels are December, February, and January, with median nightly Chase Travel rates around $465. The priciest is September at about $787.
December is the cheapest month for Edit hotels in Madrid, with a $465 median nightly Chase Travel rate, fees included, across all 12 properties. February ($472) and January ($499) sit close behind. December and February medians land about 40 percent below the September peak, matching the post-holiday winter discount of 30 to 40 percent that Jetsetter Alerts reports for Madrid hotels.
September ($787) and October ($772) are the most expensive months. Early fall pairs Madrid's best weather with a dense cultural and trade-fair calendar, the combination Madrid All Included identifies as the city's premium season, and Skyscanner's Madrid hotel data also shows September as the priciest month. Spring behaves the same way at a lower level, with May and June both at a $688 median.
August is the counterintuitive dip. The median falls to $568, which is $120 below June, because summer heat pushes locals out of the city and hotel demand softens with them, a pattern both seasonality guides describe. July follows the same logic at $593, cheaper than any month from April through June.
The concrete play: book two December nights at InterContinental Madrid by IHG. Its median nightly rate is $316, so a two-night stay runs about $632 before credits. The hotel qualifies for the select-brand double credit through December 31, 2026, and up to $500 in Edit credits plus the $100 property credit can cover about 95 percent of a typical two-night bill.
InterContinental Madrid by IHG is the only Madrid Edit hotel on the select-brand double credit list, which runs through December 31, 2026. Bookings there can earn double the usual Edit credit, up to $500 instead of $250, on top of the standard $100 property credit. It is a strong pick regardless: a 5.0 guest rating and a $316 median nightly rate, the lowest of Madrid's 12 Edit hotels.
December is the cheapest month, with a $465 median nightly Chase Travel rate, fees included, across Madrid's 12 Edit hotels. February ($472) and January ($499) are nearly as cheap. The most expensive months are September ($787) and October ($772), so shifting a stay from early fall to winter saves about $322 per night at the median. These figures come from roughly a year of price-calendar data, refreshed nightly.
The $100 property credit is per stay, applied once per booking regardless of length. It covers on-property spending, food and beverage unless the hotel says otherwise, and it comes with every Edit booking, so a two-night and a five-night stay each earn the same $100. Pair it with the Sapphire Reserve's $250 Edit statement credit and a qualifying Madrid stay gets $350 in combined value.
InterContinental Madrid by IHG is the cheapest five-star Edit hotel in Madrid, at a $316 median nightly rate on Chase Travel. The Principal Madrid, Small Luxury Hotels ($436) and URSO Hotel & Spa ($456) are the next cheapest 5.0-rated options. At the top end, Four Seasons Hotel Madrid medians $1,243 a night, almost four times the InterContinental's rate.
Usually, yes. A two-night stay at the citywide median costs about $930 in December and about $1,574 in September, a $644 difference. The credits stay fixed at $350 ($250 Edit credit plus $100 property credit), so they cover about 38 percent of a December stay but only 22 percent of a September one. If your dates are flexible, December or February stretches the credit furthest.
Madrid's 12 Edit hotels cover a wide price range. Hotel-level median nightly rates on Chase Travel run from $316 at InterContinental Madrid by IHG to $1,243 at Four Seasons Hotel Madrid, fees included. Citywide, the monthly median sits between $465 in December and $787 in September. Casa de las Artes, The Melia Collection ($350) and The Principal Madrid, Small Luxury Hotels ($436) round out the low end.
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