Katara Hospitality remains focused on international expansion and defies blockade to announce the opening of USD 1 Billion Bürgenstock Resort this month (Switzerland)
Katara Hospitality, the leading global hotel owner, developer and operator based in Qatar, remains focused on international expansion and pleased to announce the opening of USD 1 billion resort. |
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Katara Hospitality remains focused on international expansion and defies blockade to announce the opening of USD 1 Billion Bürgenstock Resort this month (Switzerland)
Katara Hospitality, the leading global hotel owner, developer and operator based in Qatar, remains focused on international expansion and pleased to announce the opening of USD 1 billion resort. |
Category: Europe - Switzerland - Industry economy
- Hotel opening
This is a press release selected by our editorial committee and published online for free on 2017-08-17
The Bürgenstock Resort, Lake Lucerne at the end of this month which sets a new global hospitality benchmark for Qatar’s leading hotel developer.The Bürgenstock Resort, Lake Lucerne is part of Bürgenstock Selection, which is headquartered in Zug Switzerland. The car-free resort opening in August 2017 comprises four 3 to 5-star Superior hotels with 383 rooms and suites, a Health & Medical Centre, 12 bars and restaurants, 67 Residence Suites, a 10,000 m2 Alpine Spa and a wide range of leisure pursuits. The Bürgenstock Selection portfolio consists of the Bürgenstock Resort Lake Lucerne, the Schweizerhof Hotel & Spa in Bern 99 rooms and the Royal Savoy Hotel & Spa in Lausanne 196 rooms. The total being invested by Bürgenstock Selection is in the region of one billion Swiss francs.
Following nine years of planning and construction, the complex construction work on the main part of the kilometer-plus long resort will be completed on the 28th of August. In addition to the careful restoration of the resort’s 30-heritage protected and repurposed buildings.
Reservation enquiries regarding residential events and conferences have been robust for months, and there is a great deal of interest in the Residence Suites.
The following facilities have been operating for some time: the Taverne 1879 (3*), the Blockhaus, the Spycher, the 9-hole golf course, the Hammetschwand Lift and the Cliff Path. Opening in the autumn will be the Waldhotel – Health & Medical Excellence (5*) with its Verbena restaurant, and the Alpine Spa with its Oak Grill & Pool Patio restaurant. The Grand Opening party for the new Bürgenstock Resort will take place in spring 2018. This will also be open to the public.
The recruitment process for the resort is in full swing, with more than 200 members of staff already under contract and an ongoing constant hiring process. The Bürgenstock Resort is confident it will have 400 employees by the time it opens. The recruitment process will continue following the opening in August with an aim of employing about 800 people by the time the resort is running at full capacity in 2020.Rail and boatThe public transport links will also commence operations on 28 August 2017. The Lucerne – Kehrsiten-Bürgenstock shuttle boat service and the completely rebuilt vintagelook Bürgenstock Railway, which takes guests and visitors into the heart of the resort, will provide a direct and highly entertaining link between the city and the resort. It will operate every 90 minutes between the early morning and midnight. A brand-new shuttle boat will come into service in spring 2018 to coincide with the Bürgenstock Resort’s Grand Opening, which will run every hour between the resort and Lucerne.Sustainability and value creationWith its environmentally friendly approaches to energy generation, construction and logistics, the resort’s sustainability concept represents a landmark in ecological thinking. A study by BAK Basel Economics has indicated the Bürgenstock Resort’s immense value creating potential: once the resort is fully up and running, it could be contributing some CHF 140 million to the Central Swiss economy in terms of gross value creation (resort: 100 m, suppliers: 40 m). It is creating a total of 1100 direct and indirect jobs, making it the second-largest employer in Canton Nidwalden.
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