The new Bürgenstock Resort® comes into being

The masterplan for the new eight-hectare Bürgenstock Resort® has acquired legal force. Following a 12-month planning period, preparatory work can now begin. A number of building applications have been submitted to the authorities. The resort is scheduled to offer 400 rooms, 60 residence suites and an attractive programme of leisure pursuits and activities. The level of capital investment involved is CHF 300 million and 350 new jobs are set to be created. The first phase is scheduled to be completed at the end of 2012, with the grand opening of the entire resort set for 2014. The Villa Honegg, undergoing a CHF 25 million refurbishment, is due to commence hotel operations in spring 2011. With an eye on the future, the resort is aiming for a carbon-neutral energy supply. It will also be car-free, enabling it to sit harmoniously in its pristine natural 60-hectare setting. Around CHF 20 million of preparatory and renovation work is due to be carried out by the end of 2010. The investor is the Qatari Diar Real Estate Investment Company, while the project is being managed by QDHP Swiss Management AG, Zug.

The business model of the new Bürgenstock Resort® is founded on five projected income streams:

1. Health resort and medical wellness
2. Congresses, conferences and banqueting
3. Exclusive hotels with distinctive spa facilities
4. Residence suites benefiting from hotel services
5. Local tourism – the mountain remains accessible to all

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