A charming eccentric chic modern hotel just off the Gran Via in downtown Madrid's Chueca district.
Front desk staff very helpful and we were upgraded to a big fun quiet room.
There is an attached funky restaurant that serves a nice breakfast for a reasonable price.
Chueca is filled with interesting cafes, bars, shops and restaurants and has lots of gay community here. The nearby yuppy San Marco mercado is great fun to buy food or eat and drink at without paying too much. Only problem for us was loud drunk singers coming back to our corridor at 1am so be warned this is not your typical tourist hotel.

We loved our stay at Oscar. Very cool and hip hotel in a great location making walking everywhere easy to do. Highly recommended for those looking for an affordable but stylish hotel in an energetic location. The roof top terrace was fabulous, had cocktails there every night before we went out. For the price, Oscar is hard to beat. The breakfast was more than adequate to get you going.

Great place to stay close to all amenities with good size rooms. A little expensive on the drinks side but that just made us go to the wonderful bars around. Breakfast included but I would have loved a boiled egg!

I stayed only for one night in the Oscar. A great location to explore the city. The main parts are all in walking distance and it seems to be a fun and interestingly designed hotel. The rooms are very spacious and you get free WLAN which is very valuable.
In the rooms you can see the age of the place. Some things are a little scretched and stained and sometimes even broken. But it's minor.
My problem was the noise. As the overall environment, even in the middle of the city was quiet, there was a techno beat playing all night and I couldn't locate it. It must have been somewhere in the building. And as it was repeating the same songs over and over, I guess it was some kind of floor or elevator music.