The Palladium Hotel Group is to open a new ‘Only You Hotel & Lounge’ hotel in Madrid, due to open in September 2013.
The property, converted from a nineteenth century townhouse, will have 70 rooms and represents a EUR20 million investment.
The premise of the hotel is its lounge, which also doubles as a venue to host live music, cookery classes and art. The entire hotel has been designed by Barcelona based designer Lazaro Rosa-Violan.
The hotel will sit in Madrid’s Chueca district and will form part of Spanish urban brand Ayre Hoteles.