Mexico has 99 hotels in the Michelin Guide's Key selection — 3 Three Keys, 21 Two Keys and 75 One Key — across 29 places, led by Mexico City with 18. 31 can be booked with points: 13 through World of Hyatt, 11 through Hilton Honors, 4 through ALL – Accor Live Limitless and 3 through Marriott Bonvoy. The rest are cash-only independents, listed so the map is complete.
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On pointsMedian 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 |
|---|---|---|---|---|
| The Cape, a Thompson Hotel Los Cabos, Mexico | Hyatt · Thompson Hotels | 35,000 | 2.4¢/pt | |
| Hacienda San Angel Puerto Vallarta, Mexico | Hyatt · Mr & Mrs Smith | 40,250 | 1.3¢/pt | |
| Hotel Esencia Playa del Carmen, Mexico | Hyatt · Mr & Mrs Smith | 178,500 | 1.0¢/pt | |
| Volga Mexico City, Mexico | Hyatt · Mr & Mrs Smith | 34,750 | 1.0¢/pt | |
| St. Regis Punta Mita Resort Punta de Mita, Mexico | Marriott · St Regis | 96,000 | 0.9¢/pt | |
| Amomoxtli Tepoztlán, Mexico | Hyatt · Mr & Mrs Smith | 38,000 | 0.8¢/pt | |
| MILAM Tulum, Mexico | Hyatt · Mr & Mrs Smith | 51,500 | 0.8¢/pt | |
| Chablé Yucatan Chocholá, Mexico | Hyatt · Mr & Mrs Smith | 137,500 | 0.7¢/pt | |
| L'Ôtel - Casa Arca San Miguel de Allende, Mexico | Hyatt · Mr & Mrs Smith | 49,250 | 0.7¢/pt | |
| Nômade Temple Holbox Isla Holbox, Mexico | Hyatt · Mr & Mrs Smith | 54,000 | 0.7¢/pt |
29 places in Mexico have at least one Key hotel. Cities with three or more get their own page.
Mr & Mrs Smith 12 · Thompson Hotels 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 9 · Waldorf Astoria 2
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
Banyan Tree 3 · Sofitel 1
fixed at 2¢ per point · Capital One and Citi ThankYou points transfer to ALL at 2:1.
Ritz-Carlton 1 · St Regis 1 · St. Regis 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.
99: 3 Three Keys, 21 Two Keys and 75 One Key. They are spread over 29 places; Mexico City has the most with 18.
31 of the 99: Hotel Esencia, Chablé Yucatan, Banyan Tree Mayakoba, Wakax Hacienda - Cenote & Boutique Hotel, Waldorf Astoria Los Cabos Pedregal, Zadun Los Cabos, a Ritz-Carlton Reserve, The Cape, a Thompson Hotel and Hacienda San Angel and more. By program: 13 through World of Hyatt, 11 through Hilton Honors, 4 through ALL – Accor Live Limitless and 3 through Marriott Bonvoy.
Three Keys is the highest rating held in Mexico, by Hotel Esencia, One&Only Mandarina and Xinalani. Hotel Esencia is bookable on points.
Volga in Mexico City, at a median of about 34,750 Hyatt points a night — 1.0¢ 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.