Beside St Moritz railway station, Grace La Margna pairs a restored early-20th-century landmark with a contemporary wing overlooking the lake and Engadin mountains. Rooms and suites move between richly detailed alpine interiors and cleaner modern spaces, with broad glazing, timber and stone used to frame the landscape. The spa includes an indoor pool, sauna and treatment rooms, while several restaurants and bars span Italian dining, grill cooking and a cigar lounge. Upper terraces open directly towards the water and peaks, with the red trains of the Rhaetian Railway running below the hotel’s historic façade.