Valais ski resort to undergo major hotel project
The Valais ski resort of Saas-Fee is set to get a massive boost with a major hotel project.
Two Swedish businessmen are planning to spend CHF 65m on hotels in six different locations.
It will create 300 new beds in 57 new residential units.
A permit for the idea is due to be submitted today. The local Mayor, Roger Kalbermatten, says he welcomes the investment.
The company says the new hotels will be of a 5-star standard and also includes renovation of three existing hotels.