Richemond Heritage has announced it is to spend around SFr400 million on improvements to its six luxury hotels in Switzerland.This content was published on December 2, 2001 - 15:49
The money will be spent on renovating and expanding its properties, and will help to create 500 jobs, said the company.
Work scheduled to be carried out at the Bürgenstock complex, the Royal Savoy in Lausanne, the Richemond in Geneva and the Drei Könige in Basel will add an extra 500 new rooms and increase restaurant and bar capacity by 3,000 places.
The three hotels in the Bürgenstock resort overlooking Lake Lucerne will benefit from a SFr155 million investment package alone, doubling its conference facilities and quadrupling the size of its fitness facilities.
Improvements will also be carried out at the Arabella Sheraton Atlantis in Zurich and the Schweizerhof in Bern.
"We hope to start work next year," announced Jean-Paul Förster, director of Richemond Heritage.
Richemond Heritage, which forms part of Luxembourg-based Richmond Hotels Holding, took over the six hotels last year, promising to restore them to their former glory.
swissinfo with agencies
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