“We wanted to be respectful of the legend,” said Roland Fasel, general manager of the storied Badrutt’s Palace Hotel, the grand Victorian lodge built in St. Moritz in 1896, which has since hosted everyone from Marilyn Monroe to crowned heads of state.

Although still owned by the founding family, financial realities prompted the Badrutt clan to negotiate a $100 million management deal with the American Rosewood Group in 1999. Since then, the Grand Old Dame — flush with cash from her marriage to a rich foreigner — has undergone a gentle nip and tuck at the hands of American designers Hirsh Bedner Associates.

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