Compagnie des Alpes, France, Secures 25-Year Contract to Operate La Plagne, the World's Largest Ski Resort - SnowBrains
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Compagnie des Alpes, France, Secures 25-Year Contract to Operate La Plagne, the World's Largest Ski Resort - SnowBrains
"New out of the French Alps broke on Tuesday that Compagnie des Alpes will continue running La Plagne, one of the world's largest ski resort, after local authorities selected its bid for a new 25-year operating contract. The decision, announced November 25, follows a competitive tender process overseen by the Syndicat Intercommunal de la Grande Plagne, the public entity that manages the resort. The agreement gives the company's subsidiary, Société d'Aménagement de La Plagne, responsibility for the ski area through 2052."
"According to the company, the deal represents roughly €5 billion in projected revenue over its full term, nearly doubling Compagnie des Alpes' existing long-term contract portfolio. La Plagne draws more than 2.6 million skier visits each winter and spans 11 interconnected village bases across three municipalities in France's Tarentaise Valley, making it one of the most visited and expansive ski areas on Earth. The resort includes 225 kilometers of trails, 95 lifts, and a high percentage of terrain above 2,000 meters, offering reliable snow cover."
"It is also linked to Les Arcs via the Vanoise Express, creating one of the largest combined ski domains in Europe. In public remarks, Compagnie des Alpes CEO Dominique Thillaud said the selection reflects decades of work by the company's teams and partners. He added that the renewed agreement aligns with the group's strategy to remain a major operator in the European mountain industry. The new contract also includes responsibility for La Plagne's shuttle system and its Olympic bobsleigh track. According to the company, the winning proposal emphasizes modernization, environmental planning, and long-term mountain-town partnerships."
Compagnie des Alpes will operate La Plagne under a 25-year contract through 2052 via its subsidiary Société d'Aménagement de La Plagne. The agreement projects roughly €5 billion in revenue over its term and nearly doubles the company's long-term contract portfolio. La Plagne attracts over 2.6 million skier visits each winter across 11 interconnected village bases and offers 225 kilometers of trails, 95 lifts, and substantial terrain above 2,000 meters. The area is linked to Les Arcs via the Vanoise Express. The contract covers the shuttle system and the Olympic bobsleigh track and emphasizes modernization, environmental planning, and long-term mountain-town partnerships.
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