immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Destination

  • Guests from overseas drive hotel industry to new record

    Guests from overseas drive hotel industry to new record

    The Swiss hotel industry has had a record year. The number of overnight stays increased by 9.2 per cent to 41.8 million, according to a statement from the Federal Statistical Office. This growth was solely due to demand from abroad.

    Demand from Asia grew by 56.4 per cent to 4.1 million overnight stays. Overnight stays by Chinese guests increased by 314.2 per cent, demand from South Korea by 150.5 per cent and from India by 58.6 per cent.

    Demand from America reached a new record of 4.0 million overnight stays, while demand from Europe grew by 9.0 per cent to 12.1 million overnight stays.

    Domestic demand fell slightly by 1.1 per cent to 20.8 million overnight stays.

    The city regions of Zurich, Bern and Geneva achieved the highest growth rates of 17.2, 14.1 and 19.8 per cent respectively. The region around Lucerne and Lake Lucerne as well as Valais and Vaud also recorded strong growth. Graubünden and Ticino recorded slight declines of 2.5 and 3.8 per cent respectively.

    Foreign demand grew in all months of the year, even in the low season. The month of April even saw an increase of 40.6 per cent.

    Switzerland Tourism (ST) wants to strengthen this trend. “We are bringing the right guests to the right destinations at the right time,” Director Martin Nydegger is quoted as saying in an ST press release. “Steering and promoting is the magic formula.” In particular, guests from overseas “we don’t want to further promote their numbers, but above all steer them, not only across the whole country, but also seasonally throughout the year”. In Europe, ST primarily wants to promote travelling by train.

  • Andermatt Swiss Alps Invests CHF 350 million

    Andermatt Swiss Alps Invests CHF 350 million

    The CHF 149 million investment by Vail Resorts consists of two parts: CHF 110 million for Andermatt-Sedrun Sport AG to improve the guest experience, for example in the area of lifts, snow-making systems, gastronomy, leisure activities and other infrastructure on the mountain .

    ASA will invest the proceeds of CHF 39 million in the further development of its core business in hotels, infrastructure and the expansion of Andermatt Reuss over the next three to five years, in addition to the CHF 350 million already earmarked. The investments are shared between Andermatt and Sedrun.

    Following shareholder and regulatory approval, Vail Resorts now owns 55 percent of the shares in Andermatt-Sedrun Sport AG. ASA continues to hold 40 percent of the shares, the remaining 5 percent are in free float. The aim of the partnership between Vail Resorts and ASA is the expansion of Andermatt and Sedrun into the common vision of "The Prime Alpine Destination".

    Effective August 4, management of the company will be the responsibility of Vail Resorts. Mike Goar is appointed Chairman of the Board of Directors and Managing Director of Andermatt-Sedrun Sport AG. There will be no changes to the ongoing operations of Andermatt-Sedrun, in particular the SkiArena Andermatt-Sedrun.

    "I'm looking forward to working with the incredible team at Andermatt-Sedrun Sport AG, our passionate partners and the committed authorities – and learning from them," says Mike Goar. “I can't wait to move forward with these important investments in the destination as together we are working to make Andermatt-Sedrun one of the leading Alpine destinations in Europe. We are proud of this special

    ski area in the Vail Resorts network, and I personally vouch for operational excellence and a good working relationship." Raphael Krucker, CEO of Andermatt Swiss Alps AG and member of the Board of Directors of Andermatt-Sedrun Sport AG, says: "Vail Resorts is the ideal partner to achieve our goal. Together we will develop Andermatt and Sedrun into Prime Alpine Destinations. I am really looking forward to a successful cooperation and the additional experience and skills that Vail Resorts will bring to the destination of Andermatt and Sedrun."