Grace Hotels has acquired the historic La Margna hotel in St. Moritz, Switzerland. Following extensive renovations, the hotel will convert into Grace St. Moritz, a luxury hotel, and Grace St. Moritz Residences.
Built in 1906, La Margna is one of the landmark hotel buildings in St. Moritz, which has twice hosted the Winter Olympics. The Schweizer-Pitsch family has privately owned the hotel for the past 50 years and is now passing guardianship of La Margna to Grace Hotels. The hotel will remain open as La Margna until the end of this year’s skiing season.

On completion, the renovated hotel will comprise 36 rooms and suites as well as apartments with views of the lake. It will additionally have three restaurants, a spa, gym, and ski room. 

“This is an iconic hotel in one of the world’s most iconic resorts and a worthy addition to the Grace family,” says Philippe Requin, Grace Hotels’ CEO. “The Engadine Valley is an area of outstanding natural beauty while St. Moritz itself remains one of Europe’s most exclusive destinations. Following its illustrious history, we are proud to be taking La Margna into the next chapter of its evolution.”