It connects a rock path with the lookout point Hammetschwand on the Bürgenstock plateau overlooking Lake Lucerne.
Built by hotel and railway businessman Franz Josef Bucher, it was the first of its type in Switzerland when first opened in 1905.
The original lift operated at a speed of 1 metre per second (3.3 ft/s) and took nearly three minutes to reach the summit of the Hammetschwand, carrying up to eight people in its wooden and zinc-plated cab.
In 1935, the lift's speed was increased to 2.7 metres per second (8.9 ft/s) and the cab was replaced with a lighter metal construction.
At the top station of Hammetschwand (1,132 m (3,714 ft) above sea level), there are panoramic views of the lake and the Alps.