Chicago has 9 hotels in the Michelin Guide's Key selection — 2 Two Keys and 7 One Key. 4 can be booked with points: 2 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.


25k pts
20k pts
57k pts
On points


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 |
|---|---|---|---|---|
| Park Hyatt Chicago Chicago, USA | Hyatt · Park Hyatt | 25,000 | 2.2¢/pt | |
| Chicago Athletic Association Chicago, USA | Hyatt · The Unbound Collection by Hyatt | 20,000 | 1.6¢/pt | |
| The Gwen, a Luxury Collection Hotel, Michigan Avenue Chicago Chicago, USA | Marriott · The Luxury Collection | 57,000 | 0.7¢/pt |
Park Hyatt 1 · 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 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: 2 Two Keys and 7 One Key. That makes Chicago one of 35 places in USA with three or more Key hotels.
4 of the 9: Park Hyatt Chicago, Chicago Athletic Association, The Gwen, a Luxury Collection Hotel, Michigan Avenue Chicago and Waldorf Astoria Chicago. By program: 2 through World of Hyatt, 1 through Marriott Bonvoy and 1 through Hilton Honors.
Two Keys is the highest rating in Chicago, held by The Langham Chicago and The Peninsula Chicago. None of them take points.
Chicago Athletic Association, at a median of about 20,000 Hyatt points a night — 1.6¢ 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.