Spain has 122 hotels in the Michelin Guide's Key selection — 5 Three Keys, 17 Two Keys and 100 One Key — across 42 places, led by Mallorca with 24. 40 can be booked with points: 20 through World of Hyatt, 9 through Marriott Bonvoy, 9 through Hilton Honors and 2 through ALL – Accor Live Limitless. 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 |
|---|---|---|---|---|
| La Zambra Resort Malaga, Spain | Hyatt · The Unbound Collection by Hyatt | 23,000 | 1.5¢/pt | |
| Casa Beatnik Country House La Coruña, Spain | Hyatt · Mr & Mrs Smith | 26,000 | 1.4¢/pt | |
| Hotel L'Avenida Mallorca, Spain | Hyatt · Mr & Mrs Smith | 24,250 | 1.3¢/pt | |
| Hotel Santa María Briones Briones, Spain | Hyatt · Mr & Mrs Smith | 24,250 | 1.3¢/pt | |
| La Fonda Heritage Marbella, Spain | Hyatt · Mr & Mrs Smith | 51,500 | 1.3¢/pt | |
| Royal Hideaway Corales Suites Tenerife, Spain | Hyatt · Mr & Mrs Smith | 67,750 | 1.3¢/pt | |
| Akelarre San Sebastian, Spain | Hyatt · Mr & Mrs Smith | 86,000 | 1.2¢/pt | |
| Boutique Hotel Posada Terra Santa Mallorca, Spain | Hyatt · Mr & Mrs Smith | 32,500 | 1.2¢/pt | |
| Can Bordoy Grand House & Garden Mallorca, Spain | Hyatt · Mr & Mrs Smith | 56,250 | 1.2¢/pt | |
| Cap Menorca Minorca, Spain | Hyatt · Mr & Mrs Smith | 371,500 | 1.2¢/pt |
42 places in Spain have at least one Key hotel. Cities with three or more get their own page.
Mr & Mrs Smith 19 · 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.
The Luxury Collection 6 · Design Hotels™ 2 · 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.
SLH 9
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
Fairmont 1 · Sofitel 1
fixed at 2¢ per point · Capital One and Citi ThankYou points transfer to ALL at 2:1.
122: 5 Three Keys, 17 Two Keys and 100 One Key. They are spread over 42 places; Mallorca has the most with 24.
40 of the 122: Torre del Marqués Hotel Spa & Winery, Casa Beatnik Country House, Akelarre, Cap Rocat, Hotel Can Ferrereta, La Zambra Resort, Hotel L'Avenida and Hotel Santa María Briones and more. By program: 20 through World of Hyatt, 9 through Marriott Bonvoy, 9 through Hilton Honors and 2 through ALL – Accor Live Limitless.
Three Keys is the highest rating held in Spain, by Torre del Marqués Hotel Spa & Winery, Abadía Retuerta LeDomaine, Atrio Restaurante Hotel, Mandarin Oriental Ritz, Madrid and Terra Dominicata - Hotel & Winery. Torre del Marqués Hotel Spa & Winery is bookable on points.
Can Mascort Eco Hotel in Costa Brava, at a median of about 17,750 Hyatt points a night — 1.1¢ 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.