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The Swiss Society of Hotel Credit. Video. History and development. Founded in 1967 Operating on the base of the federal law - Promotion of the hotel sector (20th June 2003). Main tasks.
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History and development • Founded in 1967 • Operating on the base of the federal law - Promotion of the hotel sector (20th June 2003)
Main tasks • Encouragement of hotel investment (construction, renovation purchase) by providing loans and advisory services. • Preferential interest rate • Drawing up feasibility studies • Business plan • To boost the international competitiveness • Sustainability of the Swiss hotel industry
Whatis the role of the organisation for the Swisstourismsector? • Objective: • match the high standards • be able to compete on the international scale. • Principles: • fit the sustainability requirements (economically, socially and ecologically) • The Swiss Society for Hotel Credit is under the federal council surveillance. • Its financing is guaranteed by a loan without interest from the confederation.
Head quarter and size of the organisation • Head quarter : Zürich • Capital : 27 mio in 2011 • 796 cooperating
Organisation and Structure • CEO : Philippe Pasche
How is the organisation financed • Public privatefinanced and privateeconomy • Membership (banks, confederation, cantons, municipalities)
Hot topicscovered by the organisations • Findingmembers / money • Sustainability • Exchange rate, conjunctural state of the country • Finding good hotels to invest in
Link between the organisation and otherplayers of swisstourismsector • Implementation is done in collaboration with banks, cantonal economic promotion and standards associations • Link with the SECO, responsible of the touristic politic
Our opinion on the importance of the organisation for the tourismsector • Tourism is a risky sector, therefore it needs loans with preferential interest rate (in a classic bank, it would be too much expensive)