I did and liked it a lot. Small - looks like a chalet from the outside - easy to miss - a beautiful underground pool. Very rich decor. Hermes pillows and things like that. Very plush, but a merger of super modern and chalet that I liked. I could see some people thinking it is a bit bling.

It's open year round, and be careful about top floor rooms - the hotel has no AC per I was told Swiss law - and under those gables it gets warm when the sun is beating down. Restaurant was good. One night at dinner, we were the only people in the place. The next night there was one other couple.

The Alpina is the only other hotel in Gstaad I stayed at - however, the staff at Ultima told me they are the only ski-in, ski-out hotel in Gstaad.