Concierge.com's insider take:
Soon after the concept of a Swiss Alp vacation became fashionable in the middle of the 19th century, St. Moritz welcomed this grand hotel—located next to the mineral spring that made it famous—in 1864. Overhauled by Kempinski in 2002, this elegant five-star resort, in Bad village, continues to draw the trendiest of the modern jet set. (Generally, the younger well-heeled clientele stays here, while the old-money old timers opt for Badrutt's, Kulm, and Suvretta House.) Rooms tend to be a bit larger than at some of the town's other luxe properties, and many feature beamed ceilings that contrast with amenities such as in-room Sony PlayStations. If you chafe at the haughty refinements and rules of St. Moritz's other five-stars, this is the place to book.
Open mid-June through mid-October and mid-December through late April.