Vietnam has 21 hotels in the Michelin Guide's Key selection — 2 Three Keys, 4 Two Keys and 15 One Key — across 20 places, led by Hoi An with 2. 12 can be booked with points: 4 through IHG One Rewards, 4 through ALL – Accor Live Limitless, 2 through Small Luxury Hotels of the World, 1 through World of Hyatt and 1 through Marriott Bonvoy. The rest are cash-only independents, listed so the map is complete.
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 Saigon Ho Chi Minh City, Vietnam | Hyatt · Park Hyatt | 20,000 | 1.4¢/pt | |
| Namia River Retreat - Wellness Inclusive Resort Hoi An, Vietnam | Small Luxury Hotels of the World | 90,000 | 0.8¢/pt | |
| InterContinental Danang Sun Peninsula Resort Da Nang, Vietnam | IHG · InterContinental Hotels | 81,000 | 0.6¢/pt |
20 places in Vietnam have at least one Key hotel. Cities with three or more get their own page.
Six Senses 2 · InterContinental Hotels 1 · Regent 1
~0.6¢ per point · Chase Ultimate Rewards and Bilt transfer to IHG at 1:1.
MGallery 2 · Banyan Tree 1 · Sofitel 1
fixed at 2¢ per point · Capital One and Citi ThankYou points transfer to ALL at 2:1.
SLH 2
~0.5¢ per point · Amex Membership Rewards transfer to Hilton at 1:2, with 1:2.
Park 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.
Autograph 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.
21: 2 Three Keys, 4 Two Keys and 15 One Key. They are spread over 20 places; Hoi An has the most with 2.
12 of the 21: Banyan Tree Lang Co., Sofitel Legend Metropole Hanoi, Park Hyatt Saigon, Namia River Retreat - Wellness Inclusive Resort, InterContinental Danang Sun Peninsula Resort, Hotel de la Coupole - MGallery, Jiva Hoa Lu Retreat and Legacy Mekong, Can Tho, Autograph Collection and more. By program: 4 through IHG One Rewards, 4 through ALL – Accor Live Limitless, 2 through Small Luxury Hotels of the World, 1 through World of Hyatt and 1 through Marriott Bonvoy.
Three Keys is the highest rating held in Vietnam, by Amanoi and Capella Hanoi. None of them take points.
Park Hyatt Saigon in Ho Chi Minh City, at a median of about 20,000 World of Hyatt points a night — 1.4¢ per point against the cash rate.
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.
World of Hyatt, Marriott Bonvoy, Hilton Honors, IHG One Rewards, ALL – Accor Live Limitless, Small Luxury Hotels of the World, Mr & Mrs Smith, Design Hotels and all hotel names are trademarks of their respective owners, and their appearance here does not imply endorsement. Points prices and cents-per-point values are AwardClaw's own observations and estimates; they move with dynamic pricing and are not statements by any loyalty program. Partner portfolios change, so confirm rates, award availability and program membership on the program's own site before transferring points.