The Hat Madrid

Within a 4-minute walk of both Plaza Mayor and the Tirso de Molina metro station, this trendy hostel in a traditional townhouse is also 10 minutes on foot from the Royal Palace of Madrid. Casual mixed-sex and all-female dorms feature pine wood furnishings and quirky decor, plus smart TVs, Wi-Fi and air conditioning; some have bunk beds. They also come with either private or shared bathrooms. Private rooms provide balconies.