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Nov
22

Andermatt/Switzerland

Andermatt Swiss Alps development taking shape

Andermatt in central Switzerland is looking to regain its position as an international tourism hot spot. Construction work on the prime project, the Andermatt Swiss Alps Hotel & Leisure World development, is making swift progress, with the first top hotel, The Chedi, scheduled to launch in a year’s time. The exclusive deluxe hotel featuring just 50 rooms and suites will cost roughly 299 million Swiss francs and be run by the international hotel company GHM, Global Hotel Management. According to Tophotelprojects, an online database for first-class and luxury hotel construction projects, the second Andermatt Swiss Alps hotel project will be a Radisson Blu Resort with 217 rooms. Further prestigious hotel management companies, including a well-known lifestyle hotelier, are negotiating for additional upscale hotels.

The Chedi (its name means temple) will be the landmark hotel of the entire Andermatt Swiss Alps Resort. Besides enjoying the exclusive wellness and spa area, guests can expect exquisite interior furnishings. Designed by highly regarded architects Denniston International, the 50 apartments and residences offer floor plates ranging in size from 96 to 620 square metres. Also being constructed are another 65 apartments, six maisonette penthouses, seven lofts, 42 residences and four suites, many of which have already been sold.

Already in the pipeline as the second hotel project is a Radisson Blu Resort (managed by the Carlson Rezidor Hotel Group). Altogether 217 residential units will be created, 33 of them traditional hotel rooms. Architects Burkhalter Sumi, Zurich are designing the resort, which will require investment of 148 million Swiss francs. This development is scheduled to launch at the turn of the year 2014/2015.

Andermatt Swiss Alps is a major project by tourist resort developer Orascom from Egypt. On a former military site in the Swiss Alpine village Andermatt, altogether six top hotels with 844 rooms and 490 condominiums, 25 villas and an 18-hole golf course are to be built, for which Orascom will invest roughly 1.8 billion Swiss francs.

Andermatt Swiss Alps is projected to launch at the beginning of the winter season 2013. In the first year of operation the management company is reckoning on an occupancy rate of 52 percent. Marketing agreements have already been signed with travel operators TUI and Interhome.