Few of Switzerland's grand old resorts are still family-owned and managed, but the 104-room Gstaad Palace is an exception. Since 1913, three generations of the Scherz family have run this legendary property. This is no mere hotel, but a true resort with all the services and amenities you'd hope for, and more. There are always at least four and sometimes five (depending on the season) restaurants; two bars; a nightclub; a world-class spa that is just shy of 20,000 square feet; clay tennis courts in the summer, and more than 150 miles of ski slopes nearby in the winter. There's enough here to keep you occupied for your vacation without leaving the Gstaad Palace, though it's also just a short walk to the heart of town. Make sure to leave time for the famous truffles champagne fondue served at La Fromagerie before you check out.