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LAPLAND HOTELS TO BUY OUNASVAARA SKI RESORT

Under the purchase contract signed today, Lapland Hotels acquires Ounasvaara Ski Resort in Rovaniemi. Lapland Hotels already has two hotels close to the Ounasvaara Ski Resort, namely Lapland Hotels Sky Ounasvaara on top of the hill and Lapland Hotels Ounasvaara Chalets just below the slopes. The group of sellers consists of private shareholders.

“The acquisition of the ski resort will enable us to create a unique service line, which offers a diverse range of activities, reaching from the beautiful Kemijoki River all the way to the top of Ounasvaara, located in the heart of the continuously developing city of Rovaniemi,” says Ari Vuorentausta, CEO of Lapland Hotels. “The company is well-managed and on the right course development-wise. Thanks to our strong international clientele and the expertise of our concern regarding hillside and program services, we can boost this development even further,” he continues.

“It is fantastic that a strong, Lappish operator wanted to take over the business and its development,” rejoice Juhani Roininen, CEO, and Paavo Holster, the Chairman of the current Board and a respected long-term resident of Ounasvaara, as representatives of the shareholders.

Ounasvaara Ski Resort serves approximately 50,000 customers annually. Ounasvaara Ski Resort offers 11 slopes and 5 lifts. As summer activities, the resort offers a summer sled track and downhill biking routes. The personnel will continue as old employees after the acquisition.

More information:

CEO Ari Vuorentausta, Lapland Hotels Oy

Tel. +358 400 419 896, ari.vuorentausta@laplandhotels.com

Lapland Hotels is the largest privately owned hotel chain in Finland, and it comprises 17 hotels, 1900 rooms or apartments, and 8,000 restaurant seats all over Finland: in Ylläs, Levi, Saariselkä, Rovaniemi, Olos, Luosto, Kilpisjärvi, Pallas and Hetta, as well as in Tampere and Oulu. In addition, the hotel chain runs ski resort operations in Ylläs, Luosto, Olos and Pallas. Lapland Safaris, the biggest program service provider in the Nordics, is also part of the concern.

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