I've stayed twice on business at this hotel and can recommend it.
The hotel is in a good location, quiet rooms (a blessing in Madrid) that are spotlessly clean, reasonably sized and well furnished.
Discovering how to turn all the lights off in the room is a bit of a challenge, there's a plethora of light switches. Top tip, look for the round switch near the air con unit. It looks like it should control the air con but it is the master light switch.
The receptionists are friendly and helpful.
The breakfast is fine, the usual continental offering.
I usually get a taxi from the airport, on both occasions the taxi drivers have dropped me on a parallel street resulting in a five minute walk to the hotel. This is because cars are not allowed to stop on the road outside the hotel. If you haven't stayed before it could be a bit more than a five minute walk as you find your way around the area.
It's not the cheapest but it is value for money.