Before booking this hotel I had spent many hours exploring the options on offer and something that would suit our budget. I am myself a hotel manager and have been in tourism for many years so I can read between the lines of others reviews on hotels. If I wanted to pay a lot of money then i could quite easily book a pricey 4 star or 5 star hotel with newly refurbished rooms with upto date technology, decor and facilities. However this would have cost me twice as much, in my world you get what you pay for and if you do your homework then there should be no surprises. The Ambassador yes is an old hotel but you know that anyway when you book, and we wanted a traditional hotel so it was exactly as we expected and offered very clean comfortable rooms. I found the quality of linen outstanding, we spent very comfortable sleeps in a huge clean bed. The reception were quick and efficient, the free wifi excellent, housekeeping excellent, the restaurant was also very good, the building itself was magnificent. A great location and easy to find from the airport using the underground rail system....just remember to get off at the Opera. We totally enjoyed our stay and the price we paid for what we received was excellent......

TRYP Ambassador was clean and comfortable a minutes walk to the Opera house, 2 mins to the Palace and 5 mins from everywhere. We'd stay there again for the convenience. The hotel staff were very friendly and helpful. Book a taxi back to the airport through them so you don't get ripped off like we did. Taxis from the airport add about 14euros surcharge, then an extra 7 or 8 per bag. so 30 turned into 50euros!
I also thoroughly recommend the Tapas tour and the Segway tour but book those online before you go. Do the segway tour as soon as possible so you can see the area you'd like to visit after. We went everywhere :-) Take gloves as your hands get chilly.

In general the hotel is OK. Good location, large rooms, friendly staff. However the hotel is becoming old and more important it becomes a bit "tired". Old funiture, carpets, otdated bathrooms and so on. Make sure not to book a room at the front (street) side of the hotel. It is noisy and the window isolation is also.... old!

Nice hotel, good location. Thou hotel is old but they were pretty well maintained. The room had good ventilation and within walking distance to shopping, attractions and restaurants.
Bathrooms not very big but of decent size with all the amenities.