![Swiss municipalities agree to take over Weisse Arena ski area [Laax, to prevent a potential takeover by Vail or Alterra]](https://www.byteseu.com/wp-content/uploads/2025/10/BBgnzFu6VdcbvugsY9ZtyQLEeRWXP4GlYy6mYcINGXo-1024x768.jpeg "Swiss municipalities agree to take over Weisse Arena ski area [Laax, to prevent a potential takeover by Vail or Alterra]")
Swiss municipalities agree to take over Weisse Arena ski area [Laax, to prevent a potential takeover by Vail or Alterra]
https://www.swissinfo.ch/eng/swiss-politics/swiss-municipalities-agree-to-take-over-weisse-arena-ski-area/90230722
Posted by LeroyoJenkins
4 Comments
Good. If I’m forced to pay 100chf for a day pass, I at least want it to go to the local community somehow, instead of a giant American corporation.
Municipalities have a vested interest in longterm infrastructure reinvestment, economic well-being of residents, and economy diversification that a foreign hedge fund has no business even pretending to care about.
Wow, communism in Switzerland.
They sold all the infrastructure and lease it back for a fixed price. So they just sold their risk to the municipalities and still get all the profit.