($12/person/night)
Better than the average hostel... VERY new and nice. Ikea-esque decor... bunkbeds (3 per room), showers down the hall. We had an AWESOME view of Lake Geneva (it''s about 2 blocks from the hostel).
This is one of the few hostels that has no age limit... there was a big family staying there while we were there.
Downstairs from the rooms, there''s a lot to explore: a tv room, a cafeteria, and a laundry room. They serve every meal there (for a small price)... it''s good food. I think Bfast was free, though and there was lots of food.