Below is a Ski Area Management article about a group of US ski area execs who visited French ski resorts this past season.
Last edited:
My impression of the Austrian ski business, anecdotal but James as one likely source:I am very interested in the European ski business model. Austria especially.
from Egyptian investor Samih Sawiris. Sawaris had owned since 2005 and built the Andermatt - Sedrun connection and the luxury Chedi hotel.Vail bought a controlling stake in Andermatt -Sedrun.
Very concerning. I was surprised that the Swiss government allowed it but as Tony notes, it's been foreign-owned for a while now.Vail bought a controlling stake in Andermatt -Sedrun. Interesting to see.
During my first visits to Lech in the mid-00s, I heard that it's similar there (but not sure of the veracity). That said; as you say, who can blame them -- they're locally owned.I am lead to believe some of the Austrian mountain have a ‘cartel’ type situation happening with families owning multiple businesses with no competition. It is particularly prevalent in Ischgl apparently.