Defending champion in the individual was Nicolás Almagro , who was eliminated in the semi-finals. This year's final was won by Marcel Granollers , he prevailed against his compatriot Fernando Verdasco . The victory in Gstaad is Granoller's first career title and after his victory in Houston 2008 the second career title; for Verdasco it was the third final defeat of the season. In doubles Johan Brunström and Jarkko Nieminen were the defending champions, Brunström, however, entered this year with another partner, but was eliminated in the semi-finals. In the double final, František Čermák and Filip Polášek won against Christopher Kas and Alexander Peya . It was the third title for Čermák and the second for Polášek in Gstaad. The win is overall the second joint title after the success in Belgrade in the same year. For Čermák it was the 3rd season and 25th career title, Polášek celebrated his second season and sixth career title in Gstaad.
The field of participants in the single competition consisted of 28 players, that of the double competition consisted of 16 pairs. The four top seeded players in the singles each got a bye into the second round. The total prize money was 398,250 euros, the total financial liabilities were 450,000 euros.
The qualification took place from July 23 to 25, 2011. Four qualifying places were played, which entitle them to participate in the main draw of the tournament.
The following prize money and world ranking points were paid out or credited for reaching the respective round. Players who moved into the main draw via qualification received the specified qualification points in addition to those for reaching the respective round. Otherwise the amounts are not to be understood as cumulative. Prize money for the double competition applies per team.