Swiss perspectives in 10 languages

Swiss family travel fund Reka plans to invest CHF100 million within five years

Reka plans to invest 100 million francs within five years
Reka plans to invest 100 million francs within five years Keystone-SDA

The Swiss travel fund Reka plans to invest CHF100 million ($117 million) in the renewal and expansion of its offer.

The aim is to shed the vacation village image, said managing director Roland Ludwig in an interview with SonntagsBlick.

Ludwig said in the interview on Sunday that the cooperative would have to raise outside capital for the investments. He was convinced that the strategy would work.

+ Get the most important news from Switzerland in your inbox

For example, a kind of boutique family hotel is to be opened in S-chanf in the Upper Engadine in the eastern Swiss Alps. There are also plans to expand the vacation village in Lenk, canton Bern, and build a lakeside village is to be built in Kreuzlingen, canton Thurgau. In the past, a vacation apartment in beautiful surroundings and hiking were enough, said Ludwig. In the meantime, expectations have risen and a varied program is in demand.

Switzerland remains the core market and the largest investments are made here. In contrast, nobody knows Reka abroad, said Ludwig. There, the cooperative wants to position itself as a family vacation provider and grow. The purchase of a new vacation resort abroad is being considered. According to the Reka boss, concrete negotiations are not yet underway. The focus is on Italy and France.

Translated from German by DeepL/ds

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

Popular Stories

Most Discussed

News

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR