My husband and I came to Memphis Christmas Shopping and decided to splurge and stay at the Madison. We've stayed at the Peabody several times and wanted a change. Here's how it stacked up. The check in was kind of slow but thorough. There was only one person at the desk. The room was very well designed with some high end touches like the $700 sound system that we were so impressed with that we researched it on the spot. This was certainly not found at the Peabody. The bathroom was well appointed and probably triple the size of the last one I had at the Peabody.. I paid extra for a river view but am not sure it was worth it because you had to first look at the air conditioning system on the roof right in front of you, then past that was the river....however, I loved the rooftop deck and wished the weather had been better so we could have really enjoyed it. It was a very short walk down to Beale Street where absolutly nothing was going on. :( but it was early and we didnt want to stay out late. The Madison didn't have any entertainment to keep us in their lobby so we spent most of our time in the Peabody lounge listening to the beautiful pianist and enjoying their massive Christmas tree. Woud we go back to the Madison, probably so. The Madison's room size in comparison to the Peabody is much larger and more comfortable to me for about the same price. If I'm going to take a high end room, I want space, which the Peabody didn't give me at that price range.