Michelin gives Two Keys to hotels that deliver “an exceptional stay”. There are 659 of them in 92 countries, and 138 belong to a points program: 56 through World of Hyatt, 27 through Hilton Honors, 24 through Marriott Bonvoy, 21 through ALL – Accor Live Limitless and 10 through IHG One Rewards. The list opens on those; switch the filter off to see every Two Key hotel, including the cash-only independents.
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179k ptsMedian 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 |
|---|---|---|---|---|
| Alila Ventana Big Sur Big Sur, USA | Hyatt · Alila | 45,000 | 5.0¢/pt | |
| Park Hyatt Vienna Vienna, Austria | Hyatt · Park Hyatt | 30,000 | 2.0¢/pt | |
| Casa Beatnik Country House La Coruña, Spain | Hyatt · Mr & Mrs Smith | 26,000 | 1.4¢/pt | |
| Inkaterra Hacienda Urubamba Sacred Valley, Peru | Hyatt · Mr & Mrs Smith | 38,000 | 1.4¢/pt | |
| Park Hyatt Bangkok Bangkok, Thailand | Hyatt · Park Hyatt | 25,000 | 1.4¢/pt | |
| The St. Regis Bora Bora Resort Bora Bora, French Polynesia | Marriott · St Regis | 130,000 | 1.4¢/pt | |
| Vidago Palace Norte, Portugal | Hyatt · Mr & Mrs Smith | 38,000 | 1.4¢/pt | |
| Botanic Sanctuary Antwerp Antwerp, Belgium | Hyatt · Mr & Mrs Smith | 86,000 | 1.3¢/pt | |
| Malabar Hill Weligama Bay, Sri Lanka | Hyatt · Mr & Mrs Smith | 51,500 | 1.3¢/pt | |
| Monteverdi Tuscany Castiglioncello del Trinoro, Italy | Hyatt · Mr & Mrs Smith | 98,750 | 1.3¢/pt |
Mr & Mrs Smith 51 · Alila 2 · Park Hyatt 2
~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 24 · Waldorf Astoria 3
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
Ritz-Carlton 9 · Bulgari 7 · The Luxury Collection 4
~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.
Raffles 8 · Banyan Tree 6 · Fairmont 4
fixed at 2¢ per point · Capital One and Citi ThankYou points transfer to ALL at 2:1.
Six Senses 9 · InterContinental 1
~0.6¢ per point · Chase Ultimate Rewards and Bilt transfer to IHG at 1:1.
659 hotels hold Two Keys in the current Michelin Guide selection, across 92 countries and 463 places. USA has the most with 78.
138 of them: Alila Ventana Big Sur, Park Hyatt Vienna, Casa Beatnik Country House, Inkaterra Hacienda Urubamba, Park Hyatt Bangkok, The St. Regis Bora Bora Resort, Vidago Palace and Botanic Sanctuary Antwerp and more. By program that is 56 through World of Hyatt, 27 through Hilton Honors, 24 through Marriott Bonvoy, 21 through ALL – Accor Live Limitless and 10 through IHG One Rewards.
Two Keys is the Michelin Guide's middle hotel distinction, defined as “an exceptional stay”. Inspectors rate architecture and design, service, personality, value for money and the hotel's contribution to its location. Roughly one in four Key hotels reach it.
Park Hyatt Bangkok (Bangkok, Thailand) at a median of about 25,000 Hyatt points a night. Sort by "Fewest points" for the rest.
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.