Samih Sawiris, an Egyptian investor, is leading the construction of a new hotel in Andermatt, Switzerland.
The hotel will have 66 rooms, dining options, and wellness facilities. The construction will prioritize sustainable building practices and incorporate solid construction methods.
In addition to the hotel, the project will include 164 apartments. The development aims to attract high-end tourism and create job opportunities.
The hotel will utilize district heating, groundwater for cooling, and a photovoltaic system for electricity generation.
Construction is expected to start in spring 2025 and be completed by November 2027.
The development has sparked mixed responses from local residents and stakeholders, with concerns about over-commercialization and the impact on the community's character.
The goal is to position Andermatt as a premier destination for luxury travelers while prioritizing sustainability and community involvement.