This hotel is centrally located on the Gran Via, Madrid's main thoroughfare. We were lucky to have a room facing the street. It had a beautiful view of the Palacio Real and the plaza across the street. Here, street vendors sell ice cream out of their little trucks. It seems like a throwback to the days when life was simple and any problems could be fixed with an ice cream!
HIGHLY RECOMMENDED: Walk around the corner to arrange for a car rental from Europcar (or any other car company - there are several in the vicinity). It costs approximately US$65 for the day. Drive to Segovia and to Toledo. Although they are in separate directions, it is well worth the trip. By hitting the road early, around 8am, you will be able to make it to both spots.