The Palacio Avenida is the result of two years careful renovation of a late art-deco building originally constructed in 1942. The hotel has 68 rooms in total, all with natural light and views of bustling Palma de Mallorca, or of more distant sights such as Bellver Castle and the Tramuntana mountains.

The hotel is at the centre of public transport in Palma, thanks to its excellent location on Plaça d'Espanya. Almost all bus routes pass through here, and the trains and underground terminus is directly across the road. Palacio Avenidas is in the heart of the banking and business district, as well as the major shopping areas.