Sale of Hotel Antares in Zermatt
23 December 2019 – Port Antares AG acquired the Hotel Antares in Zermatt from the Schnidrig-Holenstein family. Port Antares AG is managed by the German hotel group Bikini Island & Mountain Hotels which is, among others, owned by the founders of the German hotel group 25hours Hotels. The buyer will initially continue to operate the 4-star-hotel as Hotel Antares and will then renovate, extend and re-open it under the name "Bikini Island & Mountain Zermatt".
Walder Wyss acted as advisor to Port Antares AG in this transaction. The Walder Wyss team was led by Markus Vischer (Partner, Corporate/M&A) and included Michael Kündig (Senior Associate, Corporate/M&A), Thomas P. Müller (Partner, Real Estate) and Jan Ole Luuk (Counsel, Tax).