Bed capacity

The development of the number of hotel beds in Switzerland and in Andermatt stagnated from 2005 to 2010. In 2011 the number of beds in hotels and holiday apartments in Andermatt totalled around 840. 240 hotel beds were added with the opening of The Chedi Andermatt hotel in 2013; at the same time, several hotels were closed or renovated. Between 2015 and 2016, the number of hotel beds in the Ursern Valley increased from 920 to 925, reaching a new peak. According to current planning, a further large increase (+250 %) in bed capacity is expected by 2022.

Overnight stays

From 2009 to 2012, the annual number of overnight stays in Andermatt ranged between 60,000 and 80,000. The number reached a new high in 2016 with 87,500 overnight stays. In 2016 the entire Ursern Valley saw more than 100,000 overnight stays for the first time. With regard to the potential through 2022, a tripling to more than 260,000 can be expected. This would place Andermatt at the scale of destinations such as Flims-Laax; with further expansion steps, the scale of Engelberg, Arosa or Grindelwald could be reached.

Skier days

Skier days are defined here as day visits of guests who use a SkiArena Andermatt-Sedrun ski lift. Skier days have been increasing since 2011/12, the only outlier being 2015/16, largely due to the currency crisis felt throughout Switzerland. Skier days increased noticeably in 2016/17 (+3.5 %). With additional new lifts for the seasons from 2017 to 2022, a significant further increase to 580,000 skier days can be expected.

Number of jobs in the Ursern Valley

The number of jobs in the Ursern Valley increased from 958 in 2005 to 1,220 in 2016. In Andermatt the rate of increase was stronger than in the rest of Uri and Switzerland, measuring 18 % (173 jobs) from 2011 to 2015. The recessive trend from 2005–2011 in Hospental and Realp was stopped. Most of the new jobs are in the hotel industry, in planning and in sports & entertainment.

Number of jobs by sector

During the realization phase of Holiday Village Andermatt Reuss, the employment upswing in the region will remain particularly evident in the construction industry (65 %). In the operational phase, after 2022, the favourable effect will shift especially the hospitality, trade and service sectors.

Housing market

296 new apartments have been built in Andermatt since 2005, 82 of which are residences in Holiday Village Andermatt Reuss. The building permit for another apartment building (Alpenrose) with 20 apartments was issued in 2016. The housing available for newcomers and temporary residents is limited and expensive. Transaction prices in Andermatt have increased more in recent years than in the rest of Switzerland. The same applies to rental rates, which however remain below the Swiss average.

Population

The population of Andermatt increased from 1,316 in 2005 to nearly 1,600 in 2015. The increase in the number of 20- to 64-year-olds was particularly high. The employment rate has been increasing accordingly for years (2005: 50 %, 2015: 57 %, 2016: 58 %). Thanks to Holiday Village Andermatt Reuss, Canton Uri expects 7–12 % more residents over the mid-term.

Municipal Finances

Net debt per capita in Andermatt increased from 2008 to 2013. Since then it has fallen as a result of additional revenues. Tax revenues in the municipality of Andermatt from income and estate taxes have increased significantly since 2005. The degree of self-financing of the municipality fell sharply from 2009 to 2012 as a result of investments. Following a recovery period until 2015, the trend is now heading downward again, especially as the municipality is taking on further major projects at the train station.

Investments

Over CHF 400 million will be invested in the further expansion of Holiday Village Andermatt Reuss in 2017–2022, CHF 200 million of which will be invested in hotels and apartments, CHF 125 million in the development of SkiArena Andermatt-Sedrun, CHF 80 million in lifts and CHF 37.5 million in the new apartments at Andermatt train station. At the end of 2016, the investments of Andermatt Swiss Alps AG in Holiday Village Andermatt Reuss amounted to more than CHF 725 million.

Weather

Staff at the weather station at Nätschen-Gütsch above Andermatt often have good news to report: The location enjoys 1,829 hours of sunshine per year. This puts it in 9th place on the list of the sunniest places in Switzerland. At the same time, SkiArena Andermatt-Sedrun is one of the snow-surest winter destinations. This benefits not only the 2,961-metre-high Gemsstock but also the lower slopes. In recent years, additional investments have been made in snowmaking systems.