If you can stay in a dorm style room on vacation,
this is for you. There are 2 twin beds and a lamp
on a desk. That's it! Very depressing place.
Old bathrooms, no toiletries, soap, glasses, nada!!
Breakfast was sparce, with a couple of hard-boiled
eggs, and when they were gone, TOO BAD. We were
not happy here at all.

Pros:
* Very friendly, considerate reception staff
* Room rate was very affordable for St Moritz, and included simple breakfast
* Within fairly short walking distance to the lake and trails

Cons:
* Room felt like a summer camp dorm, very musty and terribly dated decor (i.e. drapes were from the 70's, linoleum floors/counters, no top sheet only a comforter)
* Bed sheet had a blood stain on it
* Balcony-type door opened onto a view of the industrial yard below
* No phone and only stairs, no elevator (this was no problem for us, but may be for others)
* No private bathroom, shared bathroom with the room next door
* Only one towel provided, no washcloth or hand towel

*** An alternative budget option to Hotel Stille may be the hostel next door. We visited it briefly and it seemed like it had a lot of perks, though we did not look at the rooms.
*** We found the surroundings and accommodations in the Interlaken area to be superior AND much more affordable than St. Moritz.

---nice place to relax
---stayed in a one bedroom appartment with the view of the ski slopes
--loccated in a residential area,safe
---no supermarkets in the locality..need to take a bus..
---hiking routes are there close by
---suitable for those on a budget trip

In a town full of little else but high-priced hotel rooms, Hotel Stille was very reasonably-priced and run by a very helpful friendly staff.
It's a bare-bones ski lodging, in the less fancy St. Moritz Bad (vs Dorf) part of town, but only a pleasent 15min walk to the center of the action in the Dorf. At the height of winter, this can include a shortened walk across the frozen lake, which is certainly a thrill whether approaching the shimmering town lights at night or under the big sunny sky by day. Oh, and wild deer stroll the forest edge a few meters outside our window!
Our narrow double room included 2 single beds end-to-end, plus small table and 2 chairs, with a bathroom shared with the neighboring room, including a shared shower that resembled a youth hostel shower. Included breakfast was basic, but standard for Switzerland. (granola, yogurt, fruit, cold cuts, bread)
I mistakenly booked the wrong dates, but the friendly man at Reception found us a place, even during a busy winter weekend! Very appreciated!
Most important is the low price for a hotel within walking distance (or one can use the bus) of everything in St. Moritz.
Restaurant Sonne, just down the road, has GREAT pizza in a casual atmosphere and casual prices!
150chf/night - double room.