The original house and the chairlift were built in the late 1940s by an Italian interest group as a local recreation destination for the Italian population. The chairlift connection from Küchelberg to the famous spa town of Merano was one of the first major achievements for the village.
When it came to choosing a name for the house, the decision was quickly made in favour of "Panorama", naturally because of the unique view from the Töll to large parts of the Adige Valley. At that time, guests could not stay overnight in the house, but under the terrace of the restaurant, where the rooms are located today, there was a large hall that was used for many years for a wide variety of events, such as typical Tyrolean evenings.