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Premium hotel with excellent international reputation set in a car free authentic ski village (Saas Fee) which has bold plans for expanding its ski area and is currently attracting international investment funds.
Saas Fee is located high in the Alps and has the best snow record in the region, together with over 300 days a year sunshine. Recent marketing innovations such as the 'Wintercard' have lead to a 10 - 15% increase in visitor numbers. Combined with other factors such as restrictions on developments means potential for capital growth over next few years is substantial.
High position and glacier means year-round skiing possible. Attracts international ski teams for training in summer.. Saas Fee also attracts numerous international events and concerts / festivals e.g. world championship ice-climbing, Tour of Switzerland (cycling).
Hotel has 41 rooms and 7 luxury suites, two award winning restaurants, bar, lounge, terrace, luxurious spa, swimming pool, large, flexible conference facilities (used by major international groups).
Full financial, property and commercial information available on request
Price guide – US$16-18million
Real Property Included
Excellent centre village location with exceptional mountain views
Limited potential for more rooms, but excellent opportunities for expanding revenue by enhanced marketing into new markets (eg Asia). Tremendous potential for increasing the conference / seminar business particularly in summer months
Together with sister hotels in the village, represent around 10% of hotel and restaurant business in Saas Fee. Reputation as the best hotel in Saas Fee, with best fine food restaurant. Considerable % of returning guests. (Sister hotels available to buy as well thereby building a very interesting portfolio if required)
Retirement / exit route for the owners who do not have family to take over the running of the hotel
24/7 hotel operation
Current owners willing to enter into service contracts if required to ensure smooth transition of the hotel to new owners.
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