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Madrid Hotels and Neighborhood Questions

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I have never been to Madrid, and I am choosing between a few hotels, and two different neighborhoods I am currently booked at The Ritz in the Prado neighborhood, but I am also considering The Orfila, and The Unico in the Salamanca neighborhood, and The Urban, which seems to be fairly close to the Ritz..

Regarding the hotels, I booked the Ritz because it seems like an iconic classic hotel in a great location (and I also got a fairly good rate and get Amex FHR benefits (breakfast, airport transfer)). But it seems like it might be a bit stuffy, and more importantly to me, it might be a little worn down and catering to a much older crowd(?). Sometimes I like staying at classic hotels (I have thoroughly enjoyed The Ritz in Paris), but, in general, I prefer more modern, boutique places. The Orfila looks very nice, and is slightly better priced than The Ritz; and The Unico looks wonderful, but is a little pricier than The Ritz. The Urban looks cool to me too.

Regarding the difference in neighborhoods, what is the difference in these locations? I am not really a museum person (though I plan on going to a couple of the major museums), so the proximity to the Prado is negligible to me. But I do like being in a central, though not overly touristy locations. (For example, in New York I like The Plaza or The Pierre locations, but would not stay in or near Times Square. In Paris I like St. Germain, or Place Vendome, but I do not like the Champs Elysees). I love to walk, and being in a central neighborhood with upscale restaurants, bars, shopping and nightlife is preferred.

Thank you.

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