Following consultation with our partners and advisors who work across the construction and tourism sectors in Tirol, please find below the status of our operations in Austria.
CONSTRUCTION
- Government guidelines published today permit the reopening of construction sites under strict conditions and at the discretion of the construction companies www.tt.com/artikel/30725737/einigung-baustellen-laufen-mit-strengen-schutzmassnahmen-weiter
- Discussions are ongoing between the developer and our contractors with a view to reopening our building sites promptly
- Unless business conditions deteriorate (supply chains), we anticipate no change to our handover schedule
All-Suite Resort Fieberbrunn – ready to pour concrete:
OPERATOR ACTIVITY
- Our operator business, All-Suite Resorts-Österreich GmbH, expects no impact on the 2020-21 Winter season
- We anticipate a strong rebound for tourism in Tirol once the Covid-19 crisis abates in the Autumn
- All-Suite Resorts is taking bookings for this Summer season: customers may cancel their bookings at no cost up to 24 hours before arrival
- We predict that EU based tourists (Germany, Netherlands, Switzerland, Belgium, UK and Czech etc) will favour arrival by car or short-haul holiday destinations for the foreseeable future
PROPERTY SALES
- Although we have received fewer enquiries this month we have made 3 apartment reservations
- We are confident site visits will resume in Tirol from May
- The Kristall Spaces team is working remotely and progressing buyer transactions and conclusion of contracts with our lawyers
- Our mortgage advisors continue to arrange finance with Austrian banks on behalf of buyers
Please keep safe and healthy and don’t hesitate to contact us at any time. We look forward to updating you on progress in due course.
Contact: Branson Atterbury, Marketing Director on +44 20 3735 8790
