Vail Resorts expands into Europe with planned takeover of Swiss resort

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This will be Vail Resorts’ 41st ski area and its first in Europe.

The effort to link Andermatt and Sedrun began in 2007 with investment from Egyptian billionaire Samih Sawiris, whose Swiss-based firm Orascom Development put up “very substantial financial backing to make the vision become a reality,” Lux magazine reported in its winter 2019 issue.

“With the completion of this link, we connect two cantons, two languages and two cultures,” Sawiris told Lux. “The region from Andermatt to Sedrun, with the connection to Disentis, which will be in place from summer 2019, will be a highlight of the Swiss winter-sports offer.”

 

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Knowing Vail's claim to fame & having experienced it in CO, Europeans will soon experience a big increase in lift ticket prices at this resort.

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