In 2026, the answer is "mostly yes," but with a transition toward digital-first entry. For traditional Magstripe Cards (those you swipe), keeping them directly against a smartphone—especially near the speaker or the internal magnets used for wireless charging (like MagSafe)—can still occasionally lead to "demagnetization," causing the key to fail. However, most modern hotels now use RFID or NFC "Tap-to-Enter" cards, which are highly resistant to magnetic interference from your phone. Furthermore, in 2026, many major hotel chains have moved to Mobile Keys via Google Wallet or Apple Wallet. In this scenario, your phone is the key, utilizing Bluetooth or NFC technology to unlock the door, making the physical card redundant. If you are still using a physical plastic card, it is safest to keep it in a separate pocket or a cardholder, but the risk of a smartphone "erasing" a modern tap-card is statistically negligible.