EPH Group AG Secures Resort Project in Vorarlberg

EPH Group AG has entered an agreement to acquire a resort project in Vorarlberg, marking a significant step in its strategic growth. The project is in a premium location near a cable car station, offering access to a prominent ski area. The plan involves a modern resort featuring 499 beds and targeting an international clientele seeking luxury and wellness. Notably, the acquisition involves no cash payment but a trade for parking spaces in the resort's future underground garage.

The building permit is in place, yet further development requires an amendment permit. This acquisition aligns with the robust growth in the European hotel market, particularly in alpine regions, despite a limited supply of large-scale projects. The resort, characterized by high-quality design and amenities, will be operated by an international entity.