The best luxury hotel in Lisbon in 2026 is the Four Seasons Hotel Ritz Lisbon, which holds two Michelin Keys, while Ritz-Carlton Penha Longa in Sintra is the region’s only three-Key hotel. Michelin awarded its first hotel Keys in Portugal in May 2025, which gives us a clean benchmark. We ranked ten Lisbon-area hotels by that rating, heritage value, setting and facilities.
| Rank | Hotel | Area | Our note |
|---|---|---|---|
| 1 | Four Seasons Hotel Ritz Lisbon | City center | Two Michelin Keys |
| 2 | Ritz-Carlton Penha Longa | Sintra | Three Michelin Keys |
| 3 | Olissippo Lapa Palace | Lapa | Five-star palace hotel |
| 4 | Pestana Palace | Alcantara | National Monument |
| 5 | Corinthia Lisbon | Campolide | Large spa |
| 6 | Torel Palace Lisbon | Avenida da Liberdade | One Michelin Key |
| 7 | Bairro Alto Hotel | Bairro Alto | One Michelin Key |
| 8 | Santiago de Alfama | Alfama | One Michelin Key |
| 9 | The One Palacio da Anunciada | Rossio | One Michelin Key |
| 10 | Pousada de Lisboa | Praca do Comercio | One Michelin Key |
What changed since the last version. We dropped Altis Avenida, Tiara Park Atlantic, Pousada de Cascais, Grande Real Villa Italia and The Oitavos because we could not confirm their current status or ratings. The Ritz is still number one, now with a full renovation behind it.
10. Pousada de Lisboa, Praca do Comercio
This hotel sits in the Baixa district on Lisbon’s main waterfront square and carries a single Key. It is the easiest address for sights and the river.
9. The One Palacio da Anunciada
The One Palacio da Anunciada is in Rossio, in the heart of Lisbon, and has one Michelin Key. It occupies a historic palace building.
8. Santiago de Alfama Boutique Hotel
The hotel occupies a restored historic palace in Alfama, with a Santiago Suite that has Tagus River views. Five museums and a regular flea market are within walking distance.
Michelin gave it one Key.
7. Bairro Alto Hotel
The Bairro Alto Hotel occupies an 18th-century building restored by architect Eduardo Souto de Moura. It sits in the heart of the district, near fado venues, and has a rooftop terrace with river views.
Michelin gave it one Key.
6. Torel Palace Lisbon
Torel Palace is on Avenida da Liberdade, Lisbon’s main luxury shopping street. Michelin gave it one Key.
5. Corinthia Lisbon
Corinthia Lisbon is in the Campolide area overlooking the Aguas Livres Aqueduct. The hotel calls its spa Lisbon’s largest, with thermal pools, an indoor heated pool and gardens with waterfalls.
Suites include the Fado Suite and the Monsanto Suite, and the hotel runs a free shuttle to the city center.
4. Pestana Palace
Pestana Palace is the Pestana Group’s flagship in the Alcantara district. The palace, built around the turn of the 20th century, is classified as a National Monument, and the hotel belongs to The Leading Hotels of the World.
It looks over the Tagus and the 25 de Abril Bridge.
3. Olissippo Lapa Palace
This five-star hotel in the Lapa district began as a 19th-century private residence. It has roughly 100 rooms across a Palace Wing and a Garden Wing, subtropical gardens and river views.
It is also a member of The Leading Hotels of the World.
2. Ritz-Carlton Penha Longa
Penha Longa is in Sintra, about 30 kilometers from central Lisbon, and is the only three-Key hotel in the region. It has a 14th-century monastery, a 27-hole golf course and several restaurants, including two with a Michelin star.
It is the pick if you want a resort rather than a city stay.
1. Four Seasons Hotel Ritz Lisbon
This hotel sits in the city center and holds two Michelin Keys. Its interiors mix Art Deco and Louis XVI styles, the hotel is known for its Presidential Suite, and its restaurant Cura has a Michelin star.
Phased renovations have refreshed the rooms and suites in recent years.
Keep reading
- the best luxury hotels in Cape Town: another city list from the same series
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- the best luxury hotels in Los Angeles: another city list from the same series
- what it costs to live in a hotel: a look at long stays
FAQ
What is the best luxury hotel in Lisbon?
The Four Seasons Hotel Ritz Lisbon, which holds two Michelin Keys, is our top city-center pick for 2026.
Which hotel near Lisbon has three Michelin Keys?
Ritz-Carlton Penha Longa in Sintra, the only three-Key hotel in the region, according to Michelin’s first Portugal selection in May 2025.
Which Lisbon hotels have a historic palace setting?
Pestana Palace, Olissippo Lapa Palace, Santiago de Alfama and Bairro Alto Hotel all occupy historic buildings.
Where is the best area to stay for luxury shopping?
Avenida da Liberdade, where Torel Palace Lisbon sits, is Lisbon’s main luxury shopping street.
What changed from earlier versions of this list?
Five older entries were dropped because their status could not be confirmed, and Penha Longa, Torel Palace, Santiago de Alfama and others were added.
How did you rank these hotels?
We used Michelin Key ratings from May 2025 where available, then heritage value, setting and facilities.
How we put this list together
We built this ranking from the hotels’ own published facts and the Michelin Key selection announced in May 2025. We left out any hotel whose current status we could not confirm.
Last updated: October 2026.
