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Madrid, Spain

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Overview Madrid is the capital of Spain and the third largest city in the European Union. Considered as major global city, it is one of the most visited cities by tourists and the 10th most livable city in the world. Its modern infrastructure has preserved the look and feel of many historic sights and streets. Significant landmarks of the city are: the Royal Palace of Madrid, the Teatro Royal, the Buen Retiro Park, the National Library, archeological museum and the Golden Triangle of Art. Located in Paseo del Prado are three museums – Prado Museum, Museo Nacional Centro de Arte Reina Sofia (modern art) and the Thyssen-Bormemisza Museum. Madrid is a great place to watch a bullfight.
Population 3.273 million
Airport Madrid-Barajas Airport is the main international airport serving Madrid which is located eight miles (13km) from the city centre. Barajas is the main hub of Iberia Airlines. It consequently serves as the main gateway to the Iberian peninsula from Europe, America and the rest of the world.
Climate According to Köppen Csa, Madrid region features a Continental Mediterranean climate with cold winters due to altitude (650 m (2,133 ft) above sea level in Alicante), including sporadic snowfalls and minimum temperatures often below freezing. Summer tends to be hot with temperatures that consistently surpass 30 °C (86 °F) in July and August and rarely above 40 °C (104 °F). Due to Madrid's altitude and dry climate, diurnal ranges are often significant during the summer. Precipitation is concentrated in the autumn and spring.
Best Season Spring and fall are ideal times to visit Madrid as May and October are the best months, in terms of weather and crowds.
Meeting, Facilities & Amenities
To avoid Summers in Madrid is the ovenlike midsummer heat (mercifully dry), which, in July and August, can sometimes reach afternoon maximums of 40°C (104°F), though the abundance of air-conditioned locales and soothing lack of crowds produce a unique, daylong siesta atmosphere.
Pros Madrid is a major centre for international business and commerce. It is one of Europe's largest financial centres and the largest in Spain. Due to its economic output, high standard of living, and market size, Madrid is considered the major financial centre of Southern Europe and the Iberian Peninsula. It hosts the head offices of the vast majority of the major Spanish companies. Madrid is a world´s financial leader, rising to the top five Centers of Commerce in Europe. Madrid continues its upward trajectory as a key European city, rising from its 2007 spot at number 16 to number 11 globally and from number 6 to the number 5 spot in Europe. This city is in par with Europe's most prominent cities: London, Paris, Frankfurt and Amsterdam. Madrid is one of the cities in the Iberian Peninsula that attracts most foreign investment and job seekers
Cons The city has grown to become the 26th most expensive city in the world in 2009. The traffic system in Madrid is complex and demands careful planning. There is a major problem on access roads during rush hours and holiday periods Foreign travelers are the target for robbery air pollution
Tips Madrid has lots of hostels that offer cheaper accommodation but they are offering the best service to visitors. You have the option to choose one which is near the place of your business.
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