"Nobody is about to mistake Bansko, Bulgaria for St. Moritz. But it’s certainly not without its charms. You can actually afford to ski here, for one thing; and if you’re having an increasingly difficult time telling one Alpine resort from another, you’ll find Bansko has an almost comical abundance of character. And the affordability extends to the hotels as well — here’s a top-end luxury hotel, the Kempinski Hotel Grand Arena, which is located literally right at the bottom of the gondola, charging a nightly rate that might not even get you through the door of the worst hotel in Gstaad." - Tablet Hotels