The hotel group announced its ambitions to invest more than 10 million Euros into the rennovations of its Swiss hotels and expects to develop others.

Steigenberger Hotels Group has decided to invest in Switzerland, notably with a renovation program for more than 10 million Euros for its three establishments in the destination : the Steigenberger Grandhotel Belvédère in Davos, the Steigenberger Hotel Bellerive at Zurich Lake, opene as of last December, and the Steigenberger Alpenhotel and Spa in Gstaad.

The group also announced its intention to open new establishments in Switzerland and is researching sites for the development of two luxury hotels. It also intends to move its InterCity brand into this market.