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Hyatt opening a hotel in Santorini this Summer

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Hyatt has joined the list of hotel groups rushing to open branded properties on the Greek island of Santorini.

We originally covered this back in December, but I wanted to plug it again as it is now bookable.

Given how expensive Santorini can be, the hotel promises to be good value for World of Hyatt points. This is because:

Magma Hyatt santorini hotel
  • World of Hyatt still has a ‘traditional’ reward chart with a maximum points price of 35,000
  • hotels must offer standard rooms for reward nights as long as they still have standard rooms for sale for cash

Magma Resort Santorini – see here – is due to open this year ‘in time for summer season’. It will join The Unbound Collection by Hyatt, which is a collection of independent luxury hotels operating under the Hyatt banner.

Magma has just 59 guest rooms, including 24 suites. 46 rooms have private pools or hot tubs, and all have unobstructed views of the Aegean Sea and Anafi Island.

Using World of Hyatt points to upgrade to a suite looks like a good option. For example, in July, a ‘Lava Suite’ upgrade comes out at €680 + 6,000 points per night, compared to €1,300 per night for cash alone. You could buy those 6,000 points for under £100 in the current points sale.

To quote:

“Nestled among traditional old vineyards, the resort will be located on the lava-made slopes of Vourvoulos, in close proximity to picturesque lava sand beaches on the northeast part of the island and popular cosmopolitan destinations such as Fira and Oia, known for its Instagram-worthy sunsets. The resort’s culinary experience, Magma by Spondi, will be curated by a two-starred Michelin chef and honor local agriculture and seasonal ingredients in a contemporary and inventive interpretation. The restaurant’s menu will feature signature dishes and other fine dining options paired with renowned wines from the rich viticulture for which the island is known.”

“Magma Resort Santorini will be designed to incorporate organic shapes from black volcanic stones alongside contrasting, off-white geometric prisms, reminiscent of Santorini’s volcanic ash which is evident around the island. The resort will be inspired by the surrounding traditional dwellings, or pezoules,andterraced land used for winemaking. The design will blend the natural environment while paying homage to Santorini’s underground spaces and cave homes, with a state-of-the-art wellness center and a subterranean spa.”

The resort website is here. Bookings are being taken for stays from 1st June although there is always a chance that the date slips.

World of Hyatt update – May 2023:

Get bonus points: World of Hyatt is not currently running a global promotion.

New to World of Hyatt?  Read our overview of World of Hyatt here and our article on points expiry rules here. Our article on what we think World of Hyatt points are worth is here.

Buy points: If you need additional World of Hyatt points, you can buy them here.

World of Hyatt is offering a 25% discount, equivalent to a 33% bonus, when you buy points by 2nd June. Click here to buy.

Want to earn more hotel points?  Click here to see our complete list of promotions from Hyatt and the other major hotel chains or use the ‘Hotel Offers’ link in the menu bar at the top of the page.

Comments (43)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Andrew J says:

    Are you changing the title of the “Recent Topics” tab to “Recent Threads” because it’s not called that currently, so your notes above are a bit confused.

  • Cat says:

    It’s worth mentioning that the unobstructed view from all of the rooms at Magma is not the instagram-worthy view of the caldera sunsets mentioned. You’re going to get a *much* better view if you use a voucher for a free night at one of the many glorious places on the caldera rim with your own private swimming pool.

  • Peter K says:

    You’re reducing padding? Has Alex Cruz come to work for you and views it as the A321 neo of forums 😁

  • DAJ says:

    In relation to Santorini hotels I thought I would share an amusing situation!

    As a result of HFP running an article on the Raddison Bly Zaffron, I booked a Presidential Suite for a stay in August this year for our family (inc 2 children).

    I was somewhat surprised to read a recent review on Tripadvisor which suggested the hotel was now adults only. Having carried out a dummy booking on another hotel booking site, a message popped up that it was indeed adults only!

    I emailed the hotel asking whether this was the case to which they replied that it was an adults only hotel but that they were more than happy to welcome our family at their resort!!!

    I really cannot fathom how they are happy to have us stay with two kids aged 10 and 8! I can just imagine the faces of all those who have booked on the understanding that they will have no kids running riot!

    I’m considering cancelling as I can envisage us arriving and feeling really self conscious.

    Has anyone a view on this or experienced anything similar in the past?

  • Chas says:

    I’m tempted to seriously consider the Hyatt Santorini as my wife and I have a 2 week window this summer when we should be without the teens, plus she has a significant b’day this year and has always wanted to go to Santorini. But, if we go away this summer she’d rather explore 2 or 3 places rather than just sit in the same place for 2 weeks. Any suggestions of a small itinerary combining this? Flexible on whether to stay at other places on Santorini or on another island.

    Also, are cash and points bookings with Hyatt refundable (as per Rob’s example pricing above) – we’ll need to have flexibility as there’s every chance one of the teens plans will be cancelled, and we’ll then have to cancel our holiday.

    • Richie says:

      Look at the other Cyclades Islands not too far by fast ferry from Santorini. Research is key, tripadvisor forums can be very useful.

    • Mr. AC says:

      Overnight ferry to Crete? Some interesting ancient palaces over there and beach resorts for relaxing.

    • Peggerz says:

      Santorini is really commercial (maybe you like that?), so find out about the good ferry system and get to Folegandros, Naxos or Paros among others in the Cyclades. Ios is nearby too, but parts of it is ‘party island’, so choose well. A favourite of mine is Astypalea, not too far away. It also has a small airport so there may be inter island flights with Sky Express, though I find the fun of sailing into a new island irresistible.

      • Chas says:

        Don’t like it too commercial at all, but I think it’s a bit of a bucket list place to have visited for a bit, and then to move onto somewhere a bit quieter. A quiet island would be lovely, but then need to get back to one with an airport to fly home from, or would you recommend just a ferry back to Santorini to make a circular route and return flights?

        • Peggerz says:

          Hi Chas.
          Fly into Santorini, then do a bit of island hopping around the Cyclades. You could fly out of Astypalea, Naxos or Paros – probably back to Athens – and then onward to the UK.

    • Chas says:

      Thanks all – some interesting ideas to start researching.

    • paul says:

      I did a 3 centre tour last August. Athens – 3 nights at the Intercontinental. Lovely hotel fabulous roof top bar/lounge. Book club benefits. Outstanding value.
      Flew to Naxos. Only domestic flights, very popular with greeks. Stayed Agios Prokopius 7 nights in basic taverna with pool. Loved it. Lots of quality hotels and great places to eat.

      Ferry to Santorini for 3 nights. more than enough time and I didn’t like it.
      flew home on BA direct. 2 weeks trip great fun for my wife and I as we also had lost our teens!!

  • John says:

    No Qantas offer on my platinum :/

  • Joan says:

    I have companion vouchers to use up so booked club Europe flights to Santorini in June. Not booked accommodation yet but that new place is way outside my budget ( and don’t collect hotel points ) … am thinking the beach side might be a better option as the prices are lower – and maybe be less crowded than the caldera side – any suggestions ? 😊

    • Billy P says:

      If you are going to stay on the beach side you may as well go to another Island. Its a once in a lifetime visit so do it right. On a budget and June do not work, Jun-Sep is Maldives prices.

  • Paul says:

    I would avoid Santorini (and Mykonos) like the plague! It is a very expensive destination with very little to offer beyond fabulous sunsets and the sight of buildings clinging to the edge of cliffs. It is wonderful. but after 1 or 2 nights paying through the nose for something to eat, and fighting your way through the hoards of cruise ship passengers filling the alleyways on a daily basis, will deter most seasoned and discerning travelers.
    Many of the surrounding island offer better value for money, friendlier hospitality and a true Greek experience.

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