If you are a sports fan, then make sure that you book your discount hotel in Madrid near to the Desportes de la Comunidad de Madrid Palace. The indoor arena is used for basketball matches, and so if you enjoy watching matches then make sure that you are positioned close by, when you are staying in Madrid. The arena itself was built in 1960 but was burned down in 2001.
It was rebuilt and can now seat 15,000 people, and so is used for large basketball events such as the knock out stage for Eurobasket 2007, as well as some Euroleague matches. It is a high tech building now that it has been rebuilt. If you want to see some basketball matches while you are in Spain, then make sure that you use EasyToBook.com to find a budget hotel near to the Deportes de la Comunidad de Madrid Palace in Madrid.