Australia has 54 hotels in the Michelin Guide's Key selection — 3 Three Keys, 9 Two Keys and 42 One Key — across 35 places, led by Sydney with 10. 18 can be booked with points: 9 through World of Hyatt, 4 through Hilton Honors, 2 through Marriott Bonvoy, 2 through IHG One Rewards and 1 through ALL – Accor Live Limitless. The rest are cash-only independents, listed so the map is complete.



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Median points per night and cents-per-point value from AwardClaw's award tracking. Value is the cash rate divided by the points price, so higher is better; green means the redemption beats the program's usual value by a wide margin.
| Hotel | Keys | Program | Points / night | Value |
|---|---|---|---|---|
| Park Hyatt Sydney Sydney, Australia | Hyatt · Park Hyatt | 40,000 | 1.5¢/pt | |
| Maleny Lodge Maleny, Australia | Hyatt · Mr & Mrs Smith | 17,750 | 1.4¢/pt | |
| Sequoia Lodge Adelaide, Australia | Hyatt · Mr & Mrs Smith | 86,000 | 1.3¢/pt | |
| Osborn House Bundanoon, Australia | Hyatt · Mr & Mrs Smith | 32,500 | 1.3¢/pt | |
| The Corinda Collection Hobart, Australia | Hyatt · Mr & Mrs Smith | 20,000 | 1.2¢/pt | |
| The Tasman, a Luxury Collection Hotel, Hobart Hobart, Australia | Marriott · The Luxury Collection | 43,000 | 0.5¢/pt |
35 places in Australia have at least one Key hotel. Cities with three or more get their own page.
Mr & Mrs Smith 8 · Park Hyatt 1
~1.7¢ per point · Chase Ultimate Rewards and Bilt Rewards transfer to World of Hyatt at 1:1, which is why Hyatt is the program most award travelers build around.
SLH 4
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
The Luxury Collection 1 · Ritz-Carlton 1
~0.7¢ per point · Amex Membership Rewards, Chase Ultimate Rewards and Bilt all transfer to Bonvoy at 1:1, so Marriott points are the easiest to top up in a hurry.
InterContinental 2
~0.6¢ per point · Chase Ultimate Rewards and Bilt transfer to IHG at 1:1.
MGallery 1
fixed at 2¢ per point · Capital One and Citi ThankYou points transfer to ALL at 2:1.
54: 3 Three Keys, 9 Two Keys and 42 One Key. They are spread over 35 places; Sydney has the most with 10.
18 of the 54: Sequoia Lodge, Longitude 131, Silky Oaks Lodge, Park Hyatt Sydney, Maleny Lodge, Osborn House, The Corinda Collection and The Tasman, a Luxury Collection Hotel, Hobart and more. By program: 9 through World of Hyatt, 4 through Hilton Honors, 2 through Marriott Bonvoy, 2 through IHG One Rewards and 1 through ALL – Accor Live Limitless.
Three Keys is the highest rating held in Australia, by Lizard Island Resort, Saffire Freycinet and Southern Ocean Lodge, Beckons. None of them take points.
Maleny Lodge in Maleny, at a median of about 17,750 Hyatt points a night — 1.4¢ per point against the cash rate.
Hotel selection and Key ratings from the MICHELIN Guide hotel selection; points prices and value are AwardClaw's own observations of each program's award pricing and move with dynamic pricing. Program links reflect the loyalty program a property belongs to at the time of writing — partner portfolios (Mr & Mrs Smith, Small Luxury Hotels, Design Hotels) change, so confirm on the program's site before transferring points. AwardClaw is not affiliated with Michelin or any hotel group. MICHELIN is a trademark of its owner.