Thanks for your feedback bhrubin and aa213bb.
For the period I am looking at, Park Hyatt is EUR 205 per night while St. Regis is EUR 389. Since I am planning to stay for around a week, is paying EUR 184 extra a day worth it for the St. Regis? Over a week that comes out to nearly EUR 1,300 which could probably be well spent on very nice dinners and drinks . Appreciate your thoughts!