Looking for the best Hyatt redemptions? This well-known hotel chain features over 1,000 properties around the world, including an all-inclusive resort portfolio and a partnership with Small Luxury Hotels of the World.

Luckily, Hyatt is one of the few remaining hotel chains that maintain a semi-fixed award chart, which means you’ll be able to find some award redemption sweet spots. Sure, there are lots of lower-cost Category 1 and Category 2 Hyatt hotels that'll cost around 5,000 to 8,000 points per night (like Hyatt Place and Hyatt House properties), which can be a wise use of points. But sometimes, it's fun to splurge on big lavish resorts.

And just like how the lower-cost Hyatt properties tend to be excellent redemptions, resorts on the highest end also tend to be excellent (and sometimes even better) redemptions relative to dollar value. With that, here are the best high-end resorts that are also amazing Hyatt redemptions.

The Hyatt award chart

Before jumping to the best luxury Hyatt resorts for redeeming points, understand how Hyatt award redemptions work. Each Hyatt property is given a hotel category between 1-8, with 1 representing lower-cost Hyatt hotels, and 8 representing the most expensive properties.

As it stands, Hyatt has three different award charts: standard, peak and off-peak. You'll pay slightly more than usual to travel during peak, and of course, you'll save a bit when traveling during off-peak. Additionally, the amount of World of Hyatt points owed per night can also vary based on room type (so bigger, suite-style rooms cost more).

For standard room rewards, here are the prices you'll pay based on the hotel’s category:

Generally speaking, properties with high cash prices will have a higher category number, while budget hotels have lower category numbers. But occasionally you'll find a deal where rooms with ultra-high cash rates don't necessarily have an ultra-high category number. And with that, there are a few luxury properties (which generally entail expensive sticker prices) that are usually a good deal when booked on points.

Here are the best of them:

Best Hyatt point redemptions for luxury resorts

1. Calala Island

Calala Island's pool with swim-up bar

As an SLH hotel, Calala Island, which is located in the Nicaraguan Caribbean, is perhaps the best redemption you’ll be able to find using your Hyatt points. Why? Because the hotel is located on its own private island — and features just four suites. Total.

The property calls itself “ultra all-inclusive,” which means that all foods, drinks, transfers and tons of different activities are included in the room rate. But that does come with a price. The hotel charges more than $2,000 per night; it also has a three-night minimum.

Rather than paying almost $9,000 for a three-night stay, however, you can also choose to redeem Hyatt points. Standard award redemptions can start from 40,000 points per night for Calala Island.

At this rate, for a room that costs $2,950 per night, you’d be redeeming World of Hyatt points for about 7.4 cents each, more than double NerdWallet’s valuation of 2.3 cents per point.

2. Alila Kothaifaru Maldives

A brand new Hyatt resort, the Alila Kothaifaru Maldives features expansive beach villas with separate bedrooms, private pools and ocean views. Although you won’t be able to book an overwater villa using Hyatt points, you can still enjoy these beach villas starting from 25,000 points per night on off-peak dates.

Cash rates vary according to season, but you can expect to pay around $1,000 or more for a room. At this rate, you’d be redeeming Hyatt points for around 4 cents each or better.