How do hotel prices in Madrid change by month?

Of the 4 months measured in Madrid, January 2027 has the lowest median asking price, €110 a night, and October 2026 the highest, €183: 66% more (latest scan 24 October 2026). Nights measured: 113, read between 25 September 2026 and 24 October 2026.

Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 24 October 2026 22:46 UTC.

Updated

Median asking price, month by month

Across the 4 months measured in Madrid, the monthly median asking price runs from €110 to €183 a night, over 113 measured nights.

MonthMedian asking priceMiddle half (p25–p75)Nights measuredPriciest nightRead
October 2026€183€128–€258316 October 2026: €43625 September 2026 – 24 October 2026
November 2026€140€97–€197307 November 2026: €20524 October 2026
December 2026€114€86–€1483131 December 2026: €18824 October 2026
January 2027€110€84–€1482121 January 2027: €19724 October 2026
  • Each month shows what places asked on the days in its Read column; a month already past was read before its nights, so months read at different times are compared as read.

A month's figure is the median of its nightly medians, and a night's the median asking price for one night. A month is listed once it has at least 15 measured nights, each with at least 30 places showing a price.

Cheapest to priciest month

The median asking price in Madrid is €183 a night in the priciest month (October 2026) against €110 in the cheapest (January 2027): a gap of €73, or +66%.

MonthMedian asking priceAgainst the cheapest monthNights measured
January 2027€1100%21
December 2026€114+4%31
November 2026€140+28%30
October 2026€183+66%31

Friday and Saturday against Monday to Thursday, by month

Across the 4 months measured in Madrid with at least 3 nights on each side, Friday and Saturday nights asked from +13% to +42% against Monday to Thursday.

MonthFriday + SaturdayMonday – ThursdayDifferenceNights measured (Fri+Sat / Mon–Thu)
October 2026€229€161+42%10 / 17
November 2026€169€129+31%8 / 17
December 2026€138€104+33%8 / 19
January 2027€124€109+13%6 / 12

Each side is the median of its nightly medians; Sunday nights sit in neither group. A month with fewer than 3 nights on either side is left out.

Hotels against B&Bs, guesthouses and apartments, by month

Across the 4 months measured in Madrid with hotels and homes both read, the whole market asked a median from €115 to €178 a night.

MonthHotels & hostelsB&Bs, guesthouses & apartmentsWhole marketPlaces a night (hotels + homes)Nights measured
October 2026€183€158€178193 + 9131
November 2026€140€133€135195 + 9130
December 2026€114€128€119196 + 9331
January 2027€110€119€115196 + 9221

Medians per night. The whole market pools every price both halves showed that night; a night counts only when both were read, and a month only with enough such nights.

Places with no price, by month

Across the 4 months measured in Madrid, the median night had from 5% to 7% of checked places showing no price (sold out or closed).

MonthNo price, median nightHighest nightPlaces checked a night (median)
October 20267%6 October 2026: 12%208
November 20266%6 November 2026: 9%208
December 20266%5 December 2026: 10%208
January 20275%1 January 2027: 9%207

Counted place by place: a checked place with no price that night is sold out or closed. A month already past shows what had no price when it was read.

Event nights, by month

Months with published events in Madrid: 3 of the 4 measured (events in all: 7); the highest night against comparable nights was 5 October 2026 (Nuestra Señora de Guadalupe), +68%.

MonthEventsHighest nightEventMedian that nightAgainst comparable nights
October 202625 October 2026Nuestra Señora de Guadalupe€277+68%
December 202637 December 2026Lunes siguiente al Día de la Constitución Española€134+32%
January 202721 January 2027New Year's Day€165+43%

Each percentage compares that night's median with measured nights of the same kind (weekday or weekend) within a week either side. It describes the night; it does not say the event moved the price.

What was measured

Nights measured in Madrid: 113 in 4 months, from 1 October 2026 to 21 January 2027; each with at least 30 places showing a price.

  • Up to 208 places checked per night; a place with no price that night (sold out or closed) is counted but carries no price.
  • Prices in EUR, as shown on the day each night was read, between 25 September 2026 and 24 October 2026.
  • A month is listed once it has at least 15 measured nights; nights priced in another currency are left out.
  • Asking prices seen while searching for one night: not prices paid, and not a forecast.

Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →

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