The Grandhotel Belvedere sits majestically on a hill overlooking Davos. It’s aptly named. The Belvedere resembles a magnificent Alpine stately home. ‘Five-star plus with old-school charm’ is how one recent guest described their stay here.
How much does a room cost? It’s impossible to say at the moment because the gilded establishment, just down the road from Klosters, is currently closed to ‘ordinary’ members of the public.
Here’s a clue, though. The going rate for basic rooms in Davos — without even a TV or desk — is currently an inflation-busting £800 a night, which gives some indication of what the guests who have been booked into the Belvedere are shelling out.
Then again, the tab they pick up at the Belvedere is little more than small change for these people: they are hedge funders, bankers, chief executives, investors — the so-called ‘masters of the universe’ — who have descended on the Swiss resort, two hours from Zurich, for a meeting of the World…