Gstaad Palace is one of the only family-owned and -operated hotels in Switzerland, and guests are treated like extended members of the family (big-names who have checked in here have included Louis Armstrong, Liz Taylor and Marc Chagall). During World War II, the hotel housed other treasures: owing to its isolated location on the upper mountainside, the Swiss government hid a large portion of the country’s gold reserves in a two-storey bunker at the hotel. Today, this historic space serves as La Fromagerie, with a Champagne truffle fondue, and the terrace of the famous Lobby Bar. Here, guests can listen to live music, enjoy afternoon tea or sip Champagne late into the night. For something more formal, dine at Le Restaurant, Le Grill Rôtisserie, or at authentic Italian Gildo’s Ristorante.