Madrid's business landscape is undergoing several changes, from luxury hotel renovations to restaurant closures, and even a debate over voting rights. Here's a quick rundown of the latest happenings in the Spanish capital.
Luxury Hotel Reborn: The Palace Transforms
The iconic Palace hotel in Madrid has emerged from a 22-month, 90-million-euro renovation, signaling a new chapter in its storied history. The hotel has officially rebranded from Westin to The Luxury Collection, promising guests an even more opulent experience. The transformation aims to elevate the hotel's status as a premier destination for discerning travelers.

“We are thrilled to welcome guests to experience the newly renovated Palace,” says a spokesperson for The Luxury Collection. “The transformation reflects our commitment to providing exceptional service and unforgettable moments.”
Restaurant Scene: A Closure and a New Beginning
In less positive news, the Robuchon Madrid restaurant, located on La Castellana, has unexpectedly closed its doors. Staff were reportedly informed of the closure at a surprise meeting, following the signing of a transfer agreement with another restaurant group. The sudden closure has left many wondering about the future of the prime location.
However, Madrid's culinary scene isn't all closures. Entrepreneur Adolfo Monserrat is bringing a taste of Scandinavia to the Salamanca district with his new venture, Vikingbox. This unique eatery specializes in smoked sausages (lamb, pork, beef, wild boar...), artisan bread, and sauces imported weekly from Sweden.

“I wanted to bring something different to Madrid,” says Monserrat. “The flavors of Sweden are unique, and I believe people here will appreciate the quality and authenticity of our ingredients.”
Business Association Dispute: Voting Rights in Question
Beyond the hotel and restaurant scene, a debate is brewing within Madrid's business associations. Former Constitutional Council president María Emilia Casas is advocating for the elimination of the delegated vote in Cepyme, sparking a conflict with CEOE. Madrid and Metal employers' associations have countered with a legal report from EY, arguing against the regulation change. The controversy highlights ongoing tensions within the business community.

The debate over delegated voting rights underscores the complexities of governance within Spain's business organizations. It remains to be seen how this dispute will ultimately be resolved.
From luxury hotels to Swedish sausages and boardroom battles, Madrid's business scene is dynamic and ever-changing. Stay tuned for more updates!