154 SLH members holding a Michelin Key can be booked with Hilton Honors points — 1 Three Keys, 24 Two Keys and 129 One Key — across 50 countries. The same points also book 18 Hilton-branded hotels with Keys, which have their own page. Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.5 promotions several times a year; the same points book every SLH member on Hilton, and Aspire and Surpass free-night certificates clear at any standard-reward price.
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 |
|---|---|---|---|---|
| Grand Hotel Victoria Menaggio, Italy | Small Luxury Hotels of the World | 140,000 | 0.8¢/pt | |
| Grove of Narberth Narberth, UK | Small Luxury Hotels of the World | 50,000 | 0.8¢/pt | |
| Namia River Retreat - Wellness Inclusive Resort Hoi An, Vietnam | Small Luxury Hotels of the World | 90,000 | 0.8¢/pt | |
| Hospes Infante Sagres Porto, Portugal | Small Luxury Hotels of the World | 50,000 | 0.7¢/pt | |
| SAINT TEN Hotel Belgrade, Serbia | Small Luxury Hotels of the World | 40,000 | 0.7¢/pt | |
| Boheme Mykonos Town Mykonos, Greece | Small Luxury Hotels of the World | 100,000 | 0.6¢/pt | |
| Domes White Coast Milos Milos, Greece | Small Luxury Hotels of the World | 120,000 | 0.6¢/pt | |
| Else Kuala Lumpur Kuala Lumpur, Malaysia | Small Luxury Hotels of the World | 20,000 | 0.6¢/pt | |
| Grand Hotel Parker's Naples, Italy | Small Luxury Hotels of the World | 95,000 | 0.6¢/pt | |
| The Gallivant Rye, UK | Small Luxury Hotels of the World | 80,000 | 0.6¢/pt | |
| Pousada de Lisboa, Praça do Comércio Lisbon, Portugal | Small Luxury Hotels of the World | 95,000 | 0.4¢/pt | |
| Torralbenc Minorca, Spain | Small Luxury Hotels of the World | 100,000 | 0.4¢/pt |
Small Luxury Hotels of the World is the independent-hotel collection that joined Hilton Honors in 2024. Members are booked on hilton.com with Hilton points at dynamic prices — standard rewards mostly 40,000 to 150,000 points a night, moving with the cash rate — and stays earn points and elite nights. Fifth night free applies for Silver-and-up elites.
Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.5 promotions several times a year; the same points book every SLH member on Hilton, and Aspire and Surpass free-night certificates clear at any standard-reward price.
Book through hilton.com or the Honors app — the same room on slh.com earns nothing. A free-night certificate at a top SLH property on a peak date is one of the best uses in the whole program.
154: 1 Three Keys, 24 Two Keys and 129 One Key. They span 50 countries, with the deepest choice in Italy, Spain and Greece. The same Hilton Honors points also book 18 Hilton-branded hotels with Keys, listed on their own page.
1: Torre del Marqués Hotel Spa & Winery. Three Keys is the Guide's top rating, "an extraordinary stay", and these are the only ones here where Hilton Honors points work.
Else Kuala Lumpur in Kuala Lumpur, Malaysia, at a median of about 20,000 points a night (0.6¢ per point). Sort the list by "Fewest points" to see the next-cheapest.
Small Luxury Hotels of the World is the independent-hotel collection that joined Hilton Honors in 2024. Members are booked on hilton.com with Hilton points at dynamic prices — standard rewards mostly 40,000 to 150,000 points a night, moving with the cash rate — and stays earn points and elite nights. Fifth night free applies for Silver-and-up elites.
Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.5 promotions several times a year; the same points book every SLH member on Hilton, and Aspire and Surpass free-night certificates clear at any standard-reward price.
SLH stays must be booked through hilton.com or the Honors app to earn points and elite benefits; the same room booked on slh.com earns nothing. Standard-reward SLH nights accept Aspire and Surpass free-night certificates, and elite recognition is at the hotel's discretion rather than guaranteed.
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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