Forget staying in hotels - travel high up into the mountains on a cable car and enjoy one of life's most wonderful experiences, a night in a mountain hut or 'cabane' as they say in Switzerland.
You need to take the cable car up to the mid station just below Gstaad 3000 to Cabane des Diabrelets.
A wonderful hut offering fantastic views across the Alps, a 3 course 'hearty' dinner and a comfortable nights sleep in chalet style mixed dorms. They provide small pillows and duvets offering you a great restful evening. The staff are extremely friendly with lots of local advice on walks and other huts to stay at. Watching the light change across the mountain range as the sun goes down drinking a cold beer is by far, one of the best experiences you will have.
At 86 CHF (about £75) for dinner, bed and breakfast it is great value. An ideal stay is to buy a return ticket to Gstaad 3000 to see the panoramique views then head down to the mid station and spend the evening at the Cabane.