◆ May 2026 · Switzerland · Alpine hospitality
Badrutt’s Palace in Saint-Moritz, named Hotel of the Year 2026 by Gault & Millau and the only Swiss property ranked in the global top 100, has just inaugurated an extension costing 70 million francs. In Gstaad, The Park, the resort’s first five-star hotel since 1910, is being transformed into a Four Seasons. Switzerland is confirming its dominance in European alpine luxury.
2026 is a pivotal year for Swiss upscale hospitality. The Swiss Deluxe Hotels collection, gathering the 41 most prestigious five-star properties in the country, reports record occupancy and sustained rate increases driven by an international clientele willing to pay a premium. “Guests are ready to pay the price,” summarises Swiss Deluxe management in a recent interview with GaultMillau Channel.
This dynamic is translating into major investments in historic institutions: extensions, heritage renovations, brand repositionings. Saint-Moritz, Gstaad and Zermatt account for most of the announcements, though Geneva and Lausanne are not far behind.
◆ Engadine
Badrutt’s Palace Saint-Moritz: Hotel of the Year 2026 and a CHF 70M extension
Badrutt’s Palace in Saint-Moritz dominates the Swiss hotel news of 2026. Named Hotel of the Year by Gault & Millau and ranked as the only Swiss property in the global top 100 hotels according to The World’s 50 Best Hotels Discovery list, the Engadine family institution has just inaugurated a new wing funded to the tune of 70 million Swiss francs.
The extension preserves the original Belle Époque architecture, the neo-Gothic silhouette dating from 1896 on the shores of Lake Saint-Moritz, while integrating new large-volume suites, an expanded wellness space and a new restaurant. This upmarket move reinforces the property’s competitive position against Suvretta House, Carlton St. Moritz and Grand Hotel des Bains Kempinski, its direct rivals in the resort.
Badrutt’s remains the gold standard of Swiss alpine hospitality: a family dynasty, a glittering social playground in winter, an incomparable lake and mountain outlook. The 2026 extension confirms its ambition to write the century that is just beginning.
◆ Gstaad
The Park becomes Four Seasons: a century of history and a new era

In Gstaad, the historic resort of the Bernese Oberland, the event of the year concerns The Park Gstaad, the resort’s first five-star hotel since its opening in 1910. The property is being transformed into a Four Seasons, marking the arrival of a major international brand in a resort that has long been shielded from the big chains.
Gstaad has cultivated a tradition of discretion and hotel independence, with institutions such as the Gstaad Palace (Badrutt-Steiger family) and the Alpina remaining independent. The arrival of Four Seasons at The Park represents a major repositioning, expected to attract an international clientele accustomed to the brand’s standards while preserving the resort’s historic identity.
The precise transition timeline is yet to be confirmed, but the first rooms renovated under the Four Seasons banner are expected for the 2026-2027 winter season. Rates will likely align with Four Seasons’ European standards, noticeably above the Gstaad average.
◆ Zermatt
Mont Cervin Palace, the quintessential alpine palace facing the Matterhorn

Mont Cervin Palace in Zermatt, owned by the Seiler Hotels family since the 19th century, remains the absolute benchmark in the Valais resort. Five-star, Matterhorn views from almost every room, two gastronomic restaurants (including one with a Michelin star) and a spa that regularly features in alpine rankings.
No major announcement concerning Mont Cervin Palace this year, but the property continues to invest quietly in modernising its suites and wellness offer. Worth noting: car-free Zermatt, accessible by train from Brig or Visp, is increasingly favoured by an environmentally conscious European clientele making it a ski-and-luxury destination.
◆ Market reading
Switzerland: strengthened dominance in the alpine luxury segment
Beyond the three properties cited, several other developments punctuate the year. Geneva remains a solid market for the Four Seasons des Bergues and the Fairmont Grand Hotel facing the Jet d’Eau. In Lausanne, the Beau-Rivage Palace and the Lausanne Palace share the five-star heritage segment.
The overriding trend: vertical expansion rather than multiplying addresses. Rather than opening new hotels, Switzerland’s great houses prefer to extend, renovate and upgrade their existing properties. A strategy that responds to the twin constraints of alpine real estate and ultra-premium positioning. By 2030, Switzerland should retain its European top spot in the luxury mountain segment, ahead of Austria and France.
Location
Switzerland: Engadine, Bernese Oberland, Valais
Saint-Moritz · Gstaad · Zermatt · Geneva · Lausanne
Sources: Gault & Millau Channel · Swiss Deluxe Hotels · 24 heures · official communications from Badrutt’s Palace, Four Seasons, Seiler Hotels.









