My family of four and myself just completed a 7-day stay in Wengen and we cannot say how much we loved it and were sad to leave.We are a mid-40's couple with a 15-yr old and 10-yr old and all enjoyed the trip. We have stayed in the area 3 times now with the first two trips being shorter stays in Gimmelwald. At this stage, we prefer Wengen. Wengen is a little more family atmosphere and more to do than Gimmelwald. If wanting to stay on the other valley side Murren is a good Wengen alternative but we love Wengen.
We stayed at Chalet Forsthaus and Vreny Imobersteg was a great host. At about 200SFr per day for a family of four with a kitchen, dining room, 3 separate sleeping areas and a balcony to die for (could have stayed there all night) this is the closest thing to 'bargain' in Wengen.
Back to Wengen itself...There is not much cheap here but that describes the entre Jungfrau area and possibly all of Switzerland. However, I have traveled quite a bit and no place is more beautiful and offers more accessibility to mountain action of all sorts while still not feeling too over-touristy as Wengen. The WAB train can take you down to Lauterbrunnen relatively cheaply (connections to other trains) or up to Kleine Sheindegg/Jungfraujoch at steeper prices. The Maennlichenbahn also has cable car rides from the center of town to one of the best hiking places in the Jungfrau region. The town has two grocery stores, two bakeries, many restaurants, a very helpful TI with extended hours and a pool right across from Chalet Forsthaus that is free for the kids (4SFr for adults to swim but can enter bar area for free to sit and watch kids). The pool is immense and has a trampoline and ping-pong table which our kids enjoyed.
I don't know when we will head back but it is certainly a place we will have on our travel circuit and even shortly looked into buying a place until realizing the prices...wow!
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