The Palace – which celebrated its 100th anniversary in 2006 – is one of Switzerland's legendary luxury hotels. It belonged to the legendary hotelier Franz Josef Bucher-Durrer. It is located on the scenic shores of Lake Lucerne in the very heart of the country, surrounded by idyllic Alpine landscape. Yet it is only a leisurely stroll from an enchanting city centre steeped in centuries of history.
The late 19th century was the golden age of tourism in Switzerland. Foreign travellers were beginning to discover the delights of its many scenic splendours and cities. And Lucerne, with world famous hotels such as the Schweizerhof and the Grand Hotel National, was one of the destinations enjoying particular popularity.
The founder of the Palace hotel was Franz Josef Bucher-Durrer (1834-1906), who was born into a farming family and described by his own mother as "too lazy to work". He went on to amass a fortune of 14 million Swiss francs and created an empire which at one time included 10 luxury hotels and six mountain railways. His hotels included not only the "Palace" in Lugano and the "Bürgenstock", but also prestigious properties outside Switzerland – the "Quirinale" in Rome, the "Palace" in Milan and the "Semiramis" in Cairo.