SKISTAR INTERIM REPORT SEPTEMBER 2022-MAY 2023. "The lower operating profit in the quarter is mainly driven by a decline in revenue and one-off costs. For the coming winter we have a booking rate of +5 percent", says Stefan Sjöstrand, CEO, in a comment.
Now, as we summarise two-thirds of the winter season and SkiStar’s second important quarter for the 2022/23 financial year, we see continued growth in the core business operation with a record turnover of SEK 2.5 billion (+8%) after the first six months of the year, despite the economic situation and challenging times. We can also report a very good second quarter.
Interim Report September 2022-November 2022.
Year-End Report September 2021-August 2022.
Interim Report September 2021-May 2022.
Half-Year Report, September 2021-February 2022
For the sixth time in its nine-year history, Åre brought home "Sweden's best skiing destination" award. SkiStar's Radisson Blu Resort hotel in Trysil won the category of "Norway's best ski hotel".
Interim Report: September 2021-November 2021
This December, restaurateur and entrepreneur Pontus Frithiof and Thomas Dahlstedt with restaurant group Nordrest, will grace the alpine world with two new restaurants and an impressive bar at SkiStar's new state-of-the-art resort in Sälen - SkiStar Lodge Hundfjället.
With Sweden and Norway's widest and largest alpine skiing offer for all levels, SkiStar is reaffirming its role as the leading holiday tour operator for Scandinavia this winter. In addition to improvements to the ski systems, several new developments will be introduced, ranging from continuing digital solutions, the new SkiStar Lodge Hundfjället to investment in sustainable mountain destinations.
As part of SkiStar's work to consolidate its position as the leading holiday tour operator for Scandinavia, the company is now taking a new approach to hotel development in the Scandinavian mountains. SkiStar will operate six lodges and hotels at the company's destinations. The investment is made possible by increasing the pace of real estate development as the company has today agreed with Peab.
On 2 May, the last two of SkiStar’s destinations, Åre in Sweden and Hemsedal in Norway, closed for the winter season, a season which was historic in many ways as the company succeeded in staying open all winter, offering a total of 150 days of skiing. The focus has been on the safety of all guests, employees and residents of the ski resorts, along with good snow conditions and good service.
The strong trend in Scandinavia of active mountain holidays all year round with family and friends is here to stay. To strengthen its position as the leading holiday tour operator for Scandinavia, SkiStar has decided to sell its shares as majority owner of the ski resort St. Johann in Tirol in Austria. The buyer is the Austrian family company Schultz Gruppe, which operates several ski resorts.
Half-Year Report September 2020-February 2021: High demand in Sweden and hopes for a good, long winter season in Scandinavia with ski resorts open. Continuing challenges in Norway with its strict entry and quarantine rules in response to the coronavirus, resulting in a loss of foreign guests, which in turn has a negative effect on earnings.
Pontus Frithiof and Nordrest will be setting up in northern Sweden for the first time, as the two restaurants open at SkiStar's new resort, SkiStar Lodge Hundfjället, in Sälen. The two restaurants will have different concepts and specialities, but they will offer something for everyone with a focus on sustainability – good and well-prepared food based on locally produced ingredients.
Interim Report: September 2020-November 2020: Comments from the CEO Stefan Sjöstrand: The coronavirus pandemic continued to affect our operations in the first quarter 2020/21, and the process of Covid-proofing our destinations continued throughout the autumn. SkiStar is introducing a range of precautionary measures to ensure the safety and security of our guests and employees.
SkiStar Hemsedal was first to announce that the resort will be opening for skiing on 11 December, together with SkiStar Trysil, and it's now also clear that SkiStar Åre, Sälen and Vemdalen will be opening during the week commencing 14 December (calendar week 51)*.