Hotel Excelsior is one of Lisbon's most reliably affordable three-star options, and it earns its reputation through honest, no-frills hospitality rather than flashy promises. At under €50 a night, it's a genuine find in a city where accommodation costs have risen sharply in recent years.
- Rooms: Clean, functional singles, doubles, and twin rooms with private bathrooms, air conditioning, and TV. Nothing fancy, but everything you actually need.
- Practicality: 24-hour reception, luggage storage, and helpful staff who can point you toward the best local pastelarias and viewpoints.
- Breakfast: A simple continental breakfast is available for a small supplement — a handy option before a full day of sightseeing.
- Nearby: Parque Eduardo VII, the Gulbenkian Museum, and the lively Rato neighborhood are all accessible on foot or by metro.
Budget travelers and backpackers who prioritize location and cleanliness over luxury will find Hotel Excelsior ticks every important box.