Diels–Alder (DA) cycloadditions of 5‐hydroxy‐2‐pyrones based on the use of 2H‐pyran‐2,5‐diones and 5‐(tert‐butyldimethylsilyloxy)‐2‐pyrones as synthons have been developed. Upon treatment either with a base or with a Lewis acid, 2H‐pyran‐2,5‐diones equilibrated to 5‐hydroxy‐2‐pyrones and underwent DA cycloaddition. The base‐catalyzed protocol was optimized with cHex2NMe (0.1 equiv.) in tBuOH at room temperature, which gave the bicyclic cycloadducts in yields of up to 81 % (endo/exo = 6.2:1). The Lewis‐acid‐promoted protocol was optimized by conversion of 2H‐pyran‐2,5‐diones into 5‐(tert‐butyldimethylsilyloxy)‐2‐pyrones and use of BF3·OEt2, which afforded the same DA products in yields of up to 90 % (endo/exo = 12:1).