Swiss Marcel Bach and French billionaire Jean-Claude Mimran sell the asset
An unnamed US investor acquired Swiss The Alpina Gstaad, a luxury hotel with 56 rooms, from Swiss businessman Marcel Bach and French billionaire Jean-Claude Mimran. The buyer paid 200 million CHF (3.6 million per room) or 210 million euros (3.75 million per room), HVS Europe Hotels Transactions Bulletin reported.
Bach said to GstaadLife “The members of an US family of industrialists acquired The Alpina as they had the desire to own something in Europe. They love Gstaad and have already stayed in the hotel. The impression they got was very positive. We were not in a rush to sell. However, Jean-Claude Mimran is 80 years old and I will be 70 this year. We felt the time was right.”
The Alpina Gstaad has four restaurants, a bar, a Six Senses spa, and six meeting areas. The hotel was born in 2012 as part of a 300 million CHF (315 million euros) luxury development that included 11 flats and three chalets. Hotel Inside said that Russian oligarch and commodities trader Dmitry Rybolovlev acquired two of the chalets for 50 million CHF each.
