Pigging on Powder (on the Cheap) in Interlaken, Switzerland
With three of Switzerland's best mountains just minutes away, Balmer's Herberge—the oldest private hostel in the nation—provides comfortable and cost effective access to this potentially pricey region. Interlaken is the gateway to ski meccas Grindelwald (arguably the most popular; and good for both snow sports and hiking), Wengen (at the foot of the Eiger, Mönch & Jungfrau massif and host of the recent Lauberhorn World Cup Ski Race), and Mürren (popular with families). Nights at Balmer's are spent in dorm, double, triple or quad rooms (there's also a guest house with private rooms and a tent village for a true Swiss experience), and the hostel boasts a fully-stocked game room, bike rental, a guest kitchen, nightly movies on the big screen—and a serious bar scene.

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