We were on the ground floor with this one partnering with the now landmark Madison before it even opened. Even exceeding expectations, the Madison fills a niche in a city that has become increasingly sophisticated while maintaining its Southern charm and hospitality.

An inspiring, visual tribute to Memphis' rich musical history, the Madison combines the intimate service of a bed and breakfast, the stylish elegance of a first-class inn and the amenities of a far larger hotel. There is a fitness center (in the old bank vault), a business center and an indoor (heated) pool.

Its 110 rooms and suites, housed in an historic bank building (c. 1906), feature classic comfort (European linen, down comforters and duvets) along with up-to-the-minute amenities (complimentary high speed internet access and cordless telephones).

At the lobby level, there is an exquisite restaurant serving full breakfast, lunch and dinner. You can start off with a complimentary continental breakfast on the mezzanine, return for high-tea in the afternoon, and celebrate your day's successes by relaxing with a cocktail back at the lobby bar.

All this steps from Memphis' bustling business district, the Convention Center, and Blues mecca, Beale Street. The downtown trolley is less than a block away.

If that is not enough, check out the Madison's rooftop for a spectacular view of the mighty Mississippi (an excellent place, by the way, for an event).

The "ground floor" has its advantages—the Madison Hotel is offering Academic Ambassadors these flat rates for 2009:

Superior (Bankers): $204
Deluxe: $238
One Bedroom Suite: $298

You may visit their website at www.madisonhotelmemphis.com.