Budapest has 10 hotels in the Michelin Guide's Key selection — 2 Two Keys and 8 One Key. 7 can be booked with points: 3 through Marriott Bonvoy, 2 through IHG One Rewards, 1 through World of Hyatt and 1 through Small Luxury Hotels of the World. Cash-only independents are listed too so nothing is missing from the map.
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 |
|---|---|---|---|---|
| Párisi Udvar Hotel Budapest Budapest, Hungary | Hyatt · The Unbound Collection by Hyatt | 20,000 | 1.7¢/pt | |
| Kimpton Bem Budapest Budapest, Hungary | IHG · Kimpton | 43,000 | 0.6¢/pt | |
| W Budapest Budapest, Hungary | Marriott · W Hotels | 56,000 | 0.6¢/pt | |
| Matild Palace, a Luxury Collection Hotel Budapest, Hungary | Marriott · The Luxury Collection | 77,000 | 0.5¢/pt | |
| Dorothea Hotel, Budapest, Autograph Collection Budapest, Hungary | Marriott · Autograph Collection | 56,000 | 0.5¢/pt | |
| Verno House Budapest, Hungary | IHG · Vignette Collection | 46,000 | 0.5¢/pt |
The Luxury Collection 1 · W Hotels 1 · Autograph Collection 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.
Kimpton 1 · Vignette Collection 1
~0.6¢ per point · Chase Ultimate Rewards and Bilt transfer to IHG at 1:1.
The Unbound Collection by 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 1
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
10: 2 Two Keys and 8 One Key. That makes Budapest the biggest Key city in Hungary.
7 of the 10: Matild Palace, a Luxury Collection Hotel, Párisi Udvar Hotel Budapest, Kimpton Bem Budapest, W Budapest, Dorothea Hotel, Budapest, Autograph Collection, Verno House and Kozmo Hotel Suites & Spa. By program: 3 through Marriott Bonvoy, 2 through IHG One Rewards, 1 through World of Hyatt and 1 through Small Luxury Hotels of the World.
Two Keys is the highest rating in Budapest, held by Matild Palace, a Luxury Collection Hotel and Four Seasons Hotel Gresham Palace Budapest. Matild Palace, a Luxury Collection Hotel is bookable on points.
Párisi Udvar Hotel Budapest, at a median of about 20,000 World of Hyatt points a night — 1.7¢ per point against the cash rate.
Every loyalty program, Key rating, country and city has its own page with points prices, value per point and a map.
MICHELIN, the MICHELIN Guide, MICHELIN Key and the MICHELIN Key emblem are trademarks of Compagnie Générale des Établissements Michelin and its affiliates. They appear on this page only to identify the hotel distinctions awarded by the MICHELIN Guide, in a nominative and descriptive manner. AwardClaw is an independent publication and is not affiliated with, sponsored by, endorsed by or otherwise connected to Michelin. The hotel selection and Key ratings are published by the MICHELIN Guide at guide.michelin.com; consult it for the official and current selection.
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