This hotel next to the train station (as the name implies!) has just been refurbished very tastefully. We liked the wooden floor boards, solid wooden furniture and modern bathroom fittings. Our double bedroom with attached bathroom was good value for CHF130 (excluding breakfast). They also have dormitories and single rooms with attached and shared bathrooms. An added bonus in my view of this hotel is the well equipped kitchen that can be used by guests to prepare their own meals. This along with the cosy dining area makes this a good hotel for those planning to spend a few days enjoying the scenery, walks and climbs around Zermatt without spending a fortune on eating out every day.
You can check out the hotel website here.