Nobu Hospitality is expanding its footprint in European with a new property in Madrid.

The hotel group has entered a long-term management agreement with Millennium Hospitality Real Estate to develop Nobu Hotel Madrid following a successful partnership on sister property Nobu Hotel and Restaurant San Sebastian, which is scheduled to open in 2023.

Nobu Hotel Madrid will be centrally located in the Spanish capital’s Cortes District in a former office building between Plaza de Cibeles and Puerta del Sol.

Once refurbished, the property will offer a tri-level Nobu restaurant and bar, a large rooftop bar and a lounge with views over the city, a fitness centre and spa. It will open in 2024.

The design of the restaurant is being led by Californian architectural group Studio PCH, which has designed multiple Nobu properties including Nobu Malibu and the upcoming Nobu Hotel San Sebastian.

Nobu Hotel and Restaurant Madrid marks the brand’s fifth property in Spain and its 11th in Europe, joining hotels in London, Barcelona, Marbella and Warsaw. Rome, Santorini and Hamburg are also in development. 

“We are absolutely thrilled to finally launch in the magnificent city of Madrid,” said Trevor Horwell, chief executive officer of Nobu Hospitality.

“A bustling mecca of art, culture, and cuisine, the Spanish capital is an important destination for us. This will be our fifth hotel in Spain, and we look forward to further expanding our Spanish footprint to create a truly memorable hospitality experience for local residents as well as our international Nobu guests.” 

Javier Illán Plaza, president and chief executive of Millenium Hospitality Real Estate, added: “I’m so pleased to be announcing our second project with Nobu Hospitality, and the launch of Nobu Hotel Madrid. We are so proud to continue our great relationship with such a successful luxury international brand and bring to the City of Madrid the Nobu experience and the exciting restaurant and rooftop bar which we’re sure will be well received by local residents and travellers alike.”