Probably means "raclette cheese", a Swiss dish, served with [red] potatoes and those cute little cocktail onions
and pickles.
No $40 freakin' bucks. It's been about 20 years, but I recall paying something like $2 or $3 for all you can eat in Zermat.
"For those of you who haven't a clue, perhaps I'd better explain what it is. Raclette is essentially melted cheese, served over boiled potatoes with lots of ground black pepper, accompanied by small pickled onions and gherkins. The name comes from the French verb "racler", to scrape, because of the way the melted cheese is scraped off the block."