Less than Motel 6, but nowhere else to stay.
The Good:
Location is great! Access couldn't be better. There are really only a couple places one can stay in Alto/Ruidoso for less than $100/night and they are both low quality (Apache Cabins comes to mind).
The Bad:
Carpets stained and worn; you don't want to walk on it without shoes or slippers. Shower stall in need of repair/replacement, it had mold and soap scum on assembly joints where it was starting to come apart. Sheets and pillow cases were clean, but thread bare. I don't think the pillows had ever been sanitized.
The Ugly:
Everything was rundown, as it room rental was taken in and nothing put back in to the property. In its day I bet this wasn't bad, but no more.

First of all Ruidoso, NM is one of my favorite places on earth. It is one of the few cool weather pine tree escapes in south NM and west TX. The Swiss Chalet is located about 4 miles from the busy part of Ruidoso, But this is a great hotel if you are wanting to be between the town and the ski resort or bonito lake.
The hotel is under new management and they are renovating the rooms. The rooms are improved and the basics were just fine, comfy mattress, good AC, good showers, free cable and free wifi internet. The swimming pool was being worked on, but we did not care because we were there to see the pine trees not go swimming. The free breakfast coule be improved (muffins, oatmeal, coffee, juice), wish they would add (milk, cereal and some fruit)
I have stayed in many hotels and cabins in this area, Swiss chalet is hard to beat for under $75 night.

I have stayed at the Swiss Chalet Inn many times but it has slowly gone down. It now is in need of being torn down and rebuilt to its original greatness.
During my recent visit the motel room was dimly lit, terribly stained carpet, toilet had almost no water pressure , you have to leave one panel of drapes pulled back... where people can see into your room, in order to use the window unit air conditioner. There are not longer telepones in the rooms. The room was very noisy until 1:00 am when a party finally ended.

Spacious rooms, but very old and worn furnishings, mattresses were very cheap with paper -thin mattress pads. Indoor pool was warm and fun for the kids. View was nice, location is very close to ski run road. Continental breakfast was about as minimalist as you will ever find. A few low quality packaged pastries and some packets of wal mart instant oatmeal. Also what I think was grape drink. The room was so worn out I don't think we would stay here again, even though the price was very low.