India, June 22 -- IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, signs a Kimpton-branded hotel in Madrid, located in Goya Street, 89, in partnership with El Corte Ingles. The signing, advised by Colliers Hotels Iberia, marks the brand's debut in Madrid and a significant step forward in IHG's continued luxury and lifestyle growth in Spain.
Location:
Goya Street, 89, in the prestigious Barrio Salamanca district.
Opening:
Expected mid-2030.
Partnership:
Developed with El Corte Ingles, advised by Colliers Hotels Iberia.
Property details:
106 rooms in a heritage building, featuring a ground-floor restaurant, spa, indoor pool, and a rooftop bar/restaurant with city views.
Significance:
Marks Kimpton's debut in Madrid, adding to existing Spanish locations in Barcelona, Mallorca, and Marbella.
Market context:
Madrid's tourism sector hit €17.9 billion in international visitor spending in 2025, up 71% compared to 2019.
IHG footprint:
As of March 2026, IHG has 116 open and 68 pipeline luxury/lifestyle properties in Europe, with 66 open and 16 pipeline hotels across all segments in Spain.
Willemijn Geels, VP of Development for Europe at IHG, described the project as a milestone in their European luxury growth strategy, emphasizing Kimpton's design-led, locally inspired hospitality approach.
Published by HT Digital Content Services with permission from Travel Media.