Modern hotel in a beautiful building near the royal palace 3 minutes to the metro tryp madrid ambassador hotel is a modern hotel built within a stately 19th century palace in the centro district of the city 5 minutes walk from the royal palace its a 3 minute walk to santo domingo metro station and plaza mayor is a 10 minute walk to the south sabatini gardens stroll if youre a night owl nearby joy eslava nightclub is set in a 19th century theater which has spectacular light shows until 6