French multinational hospitality company Accor has announced the official opening of its latest Ibis property in the Spanish capital Madrid.

Accor says its latest Ibis hotel in Madrid, the 159-room Ibis Budget Madrid Aeropuerto, is now open for business. It says the hotel is located on the site of the former Iveco-Pegaso factory, around 10 minutes south of Madrid–Barajas airport in the city’s San Blas-Canilejas district.

According to Accor, the hotel is part of a project to implement a large logistics hub next to the A-2 that will ‘‘serve the whole of the city, revitalising a strategic area of Madrid.”

The group also said that the building had been constructed in such a way as to completely insulate the hotel from outside noise and air traffic, as well as having a thermal transmission coefficient of almost zero.

“We are delighted to open this new establishment in Madrid with our trusted partner, Continuum Hospitality Group, with whom we already have two establishments open, ibis budget Madrid Centro Lavapiés and ibis budget Bilbao City and two more in the pipeline, ibis budget Logroño Centro, which will open in the second half of 2024 and ibis Madrid Norte Las Tablas, which is scheduled to open in 2026,” says Rafael Santos, VP operations franchised operations Iberia, Mediterranean and North Africa.

Accor has opened several Ibis properties at or around European airports in 2023, including Ibis Styles Bucharest Airport and Ibis Styles Warsaw Airport.