immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Prime Alpine Destination

  • 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."

  • Andermatt has the best concert hall in the world

    Andermatt has the best concert hall in the world

    The jury of the Architizer A+Awards has awarded the Andermatt concert hall the prize in the category of cultural halls and theaters , Andermatt Swiss Alps AG informs in a press release . “The award for the Andermatt concert hall recognizes the unique transformation of the mountain village of Andermatt into a prime alpine destination,” says Raphael Krucker, CEO of the company responsible for the development, realization and operation of the holiday destination. The Andermatt Concert Hall enriches the year-round destination of Andermatt with a unique cultural program.

    Designed by London-based architecture firm Studio Seilern Architects , the building can be used for multiple purposes thanks to a retractable system that allows up to nine tiers of seating to disappear beneath the main balcony. The flexible stage offers space for an orchestra of up to 75 people.

    “This victory is an extraordinary honor for us at Studio Seilern Architects,” said project manager Christina Seilern in the statement. “With entries from over 80 countries submitted for the award, I am extremely pleased with the outcome.” Recently named Architect of the Year at World Architecture News’ Female Frontier Awards , the professional hopes “the honor reputation of this project as a world-class concert hall – one that Andermatt deserves”. With the Theater Nouvelle Comédie de Genève , a second Swiss theater has made it into the finalists of the Architizer A+ Awards in the category of cultural halls and theaters.