Los Cabos has 9 hotels in the Michelin Guide's Key selection — 7 Two Keys and 2 One Key. 3 can be booked with points: 1 through World of Hyatt, 1 through Marriott Bonvoy and 1 through Hilton Honors. Cash-only independents are listed too so nothing is missing from the map.
On points
On points




35k pts
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 |
|---|---|---|---|---|
| The Cape, a Thompson Hotel Los Cabos, Mexico | Hyatt · Thompson Hotels | 35,000 | 2.4¢/pt |
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.
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.
Waldorf Astoria 1
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
9: 7 Two Keys and 2 One Key. That makes Los Cabos one of 12 places in Mexico with three or more Key hotels.
3 of the 9: Waldorf Astoria Los Cabos Pedregal, Zadun Los Cabos, a Ritz-Carlton Reserve and The Cape, a Thompson Hotel. By program: 1 through World of Hyatt, 1 through Marriott Bonvoy and 1 through Hilton Honors.
Two Keys is the highest rating in Los Cabos, held by Waldorf Astoria Los Cabos Pedregal, Zadun Los Cabos, a Ritz-Carlton Reserve, Chileno Bay Resort & Residences, Auberge Collection, Esperanza, Auberge Collection, Las Ventanas al Paraiso, A Rosewood Resort and Montage Los Cabos and others. Waldorf Astoria Los Cabos Pedregal and Zadun Los Cabos, a Ritz-Carlton Reserve are bookable on points.
The Cape, a Thompson Hotel, at a median of about 35,000 Hyatt points a night — 2.4¢ 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.