Going Global: A Swiss Investment
By Kelly Potts
Luxury boutique hotel group Grace Hotels recently announced plans for 17 exclusive apartments within the Grace St. Moritz hotel. The hotel and apartments are scheduled to open in 2019.
“This project is our first venture to the Alps and selecting St. Moritz seemed like an appropriate fit as it presented us with an exciting opportunity to create an attractive residential offering in an iconic world-renowned destination,” says Robert Swade, CEO at Grace Hotels. Swade notes that when not in-residence, owners will earn revenue from hotel guest usage of their apartment, managed by Grace Hotels on the owner’s behalf.
Residents will have full access to the Grace St. Moritz spa and fitness center, restaurants, martini bar and 24-hour concierge. The apartments range from luxury studios to a four-bedroom penthouse, with prices starting at about $759,900 for a studio and about $4,416,100 for a two-bedroom apartment.
Renderings by Divercity Architects Courtesy of Grace St. Moritz
