Savoy Palace

Almost exactly a century after the opening of Madeira’s original Savoy hotel in 1918, the Savoy Palace was unveiled on the same spot on Funchal’s waterfront. Though it’s not a remodel — the old hotel was demolished — the new version channels the glamour and sophistication that drew aristocratic travelers from around Europe. There’s plenty of old-world allure here, from the swish marble lobby with romantic staircases to the gleaming grand piano and lavish floral arrangements in the bar. But the Savoy Palace is strikingly modern, too; instead of traditional chandeliers, the reception area features a massive suspended light installation, three stories tall and crafted from miles of matte metal chain.

The building itself is extraordinary in both size and shape, its wave-like silhouette rising 16 stories above the sea. But it’s the interiors, overseen by the celebrated designer (and Madeira native) Nini Andrade Silva, that command the most attention. Floral and botanical themes are consistent throughout, a nod to the island’s natural landscape — think larger-than-life flower sculptures in common spaces and carved wooden blossom panels beside beds. Rooms and suites are spacious and luxurious but simple, with walnut wood furnishings, spa-like bathrooms, and an ivory, gold, and champagne color palette. All but the most standard rooms feature private balconies with water views, and the best suites have private plunge pools and large wraparound terraces.

Apart from nearly a dozen stylish restaurants, lounges, and bars, the Savoy Palace is home to the largest spa in Portugal, connected to an indoor-outdoor pool complex with waterfalls. Both are ethereal, their look inspired by the island’s laurel forests and unique topography. A pair of rooftop infinity pools, one of which is for the exclusive use of suite guests, offer high-elevation sunbathing with spectacular views over the Atlantic. On the same level is the Galáxia bar and restaurant: in a nostalgic throwback, it borrows the name of the original hotel’s nightclub.