What should I expect to pay in US dollars for a good three star in old town area in June? Any recommnedations?

Hi Ward!
I've never stayed in ANY hotel in Madrid so I cannot personally recommend one but if you look on the MadridMan\'s Madrid Hotels page I have the vast majority of Madrid Hotels which have websites arranged according to the number of stars. Browse a few of those and you'll get an idea. But off the top of my head I'd think a double-room, 3-star hotel in "Old Madrid" would cost around 80-150 Euros/night.

For conversion of the above to US Dollars go to http://www.xe.com/ucc/

Good luck! Saludos, MadridMan