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Facts and figures

Madrid

Travelling to Madrid
Lufthansa (daily), Iberia and Air Europe operate non-stop flights from Frankfurt to Madrid. Air Berlin, Iberia and Ryanair serve Berlin and Hamburg. Air Berlin and Iberia also fly from Stuttgart and Ryanair from Nuremberg to the Spanish capital. Depending on the airport, the flight time is two and a half to three hours.

All flights land at Barajas Adolfo Suárez airport, which is the fifth-largest in Europe, with four terminals. It is located twelve kilometres from the city centre. A taxi to the centre costs 30 to 35 euros. At 4.90 euros, hopping on the metro to the city centre on line 8 is often not just cheaper but faster too, taking just thirty minutes. You have to change, depending on your destination, at the station Nuevos Ministerios. A shuttle bus, the Airport Express, operates round-the-clock between Atocha train station and the airport, making three stops, among them the bus interchange Cibeles. A ride costs 5 euros.

Travel in the city
Madrid’s city centre is compact. All destinations in the city centre between the Royal Palace, Plaza de España, Gran Vía and Paseo del Prado can be quickly and easily reached on foot. Alternatively, hop on the metro. Twelve lines connect across the entire city. The next metro station is never far away. A single ticket costs between 1.50 and 3 euros. For visitors, it is often worth getting a Tourist Card, so you can hop on and off as much as you want. One day costs 8.40 euros. Taxis are not expensive, but are not always the fastest means of transport due to traffic.

Dates to dodge
Weather-wise, Madrid is always in season. Due to its landlocked location, there is little rainfall and the climate offers cool crisp winters – with an average temperature of six degrees – and hot summers. Christmas time is family focused. Even then you can find Madrid’s inhabitants on the streets, but the date is celebrated privately and there are no large events. Holidays such as May 2 and the city’s San Isidro festival on May 15 are best avoided for business events. August is also to be avoided due to the summer holidays and local holidays San Cayetano and San Lorenzo (7 and 10 August). Madrid’s hotels have been filled due to major medical conferences, and will be filled once again this year: renal experts (3 to 6 June, ERA-EDTA), haematological experts (22 to 25. June, EHA), dentists (29 August to 1 September, FDI), oncologists (8 to 12 September, ESMO), each with around 20,000 participants.

Hotel prices in 2016
Nightly average 86.10 euros.

Economy
From foreign direct investments, it is easy to see that Spain’s capital is one of the big winners in the emerging economic recovery. As such, in the last quarter of 2016 alone, 2.615 billion euros flowed into the city, twelve percent more than in the corresponding month last year. The USA was among the biggest foreign investors, with a share of 23.6 percent, followed by the Netherlands with 21.5 percent.