Stable growth in turnover – high booking rate for the winter
Year-End Report September 2022-August 2023.
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New this winter at SkiStar: New express lifts, improved snow production and even more dining
Preparations for the 2023/24 winter season are well underway at SkiStar’s destinations in Sweden and Norway. Several important steps have been taken to modernise and improve the ski experience for all ski enthusiasts, including new 6-seater lifts in Sälen and Hemsedal. All destinations will also receive improved snow production to ensure a long and snow-proof winter season.
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Interest in skiing holidays in Scandinavia continues to grow: SkiStar’s seasonal staff recruitment underway
According to SkiStar statistics, demand for ski holidays in the Scandinavian mountains continues to be high as we head into the 2023/24 winter season. A large part of the increase comes mainly from international guests. And today marks the start of the recruitment process to find 2 500 seasonal staff for SkiStar’s destinations.
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SkiStar's Climate Targets Approved by Science Based Targets Initiative (SBTi)
Climate change will have a direct and significant impact on SkiStar operations in the future, as white, cold winters are a prerequisite for winter operations. To ensure that efforts to reduce climate impacts are sufficient, climate targets have been developed to meet the objectives of the Paris Agreement, in line with the SBTi methodology, which has now approved the targets.
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LOWER OPERATING PROFIT DURING THE THIRD QUARTER CHARACTERISED BY ONE-OFF COSTS
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.
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Summer‘s new attractions at SkiStar Trysil and Hemsedal: Mountain Coaster, Mountain Tube and plenty of cycling news for the whole family
SkiStar continues to invest in active holiday experiences for the whole family for the summer. New attractions for this year in Trysil are the construction of a brand new adventure arena that opens on June 23 with several fast-paced activities such as Mountain Coaster, Mountain Tube and trail biking in Valleskogen, as well as opening up more trails for lift-based trail biking. And to make the expe
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Summer at SkiStar Vemdalen and Åre: New climbing park, trail biking and Åreskutan 360
Preparations are now underway to get Vemdalen and Åre ready for the summer season, which opens in June with new mountain experiences. Both destinations have a long history of year-round tourism, and this year SkiStar’s offer will be expanded as Vemdalen gets its first climbing park and trail biking with machine-dug cycle trails down Vemdalsskalet.
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More new attractions at SkiStar Stockholm Hammarbybacken: Climbing tower, Bungy Rocket and trampolines to open this summer
As part of efforts to develop Stockholm Hammarbybacken into a year-round adventure arena with fun for everyone, several new attractions such as a climbing tower, Bungy Rocket and trampolines will be introduced this summer. Several of last year's new attractions are open now for the summer season.
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Summer at SkiStar Sälen: A range of affordable fun for the whole family
The winter season is over and preparations are underway to fully complete SkiStar Sälen for the summer season with new mountain experiences for active relaxation at the destination. We’re going to increase the range even more this year with several new features such as summer skiing, more trail biking trails and the fast-paced Mountain Coaster.
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CONTINUED GROWTH AND A VERY STRONG PROFIT FOR THE IMPORTANT SECOND QUARTER
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.
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SkiStar presents new summer attractions: new adventure arenas in Sälen, Trysil and Vemdalen
The winter season is in full swing, while mountain travellers are starting to plan their summer holidays. SkiStar continues to invest in experiences for active summer holidays for the whole family in the Scandinavian mountain environment. New for this year is that the popular attractions of Stockholm Hammarbybacken will be introduced in Trysil and Sälen, and Vemdalen gets its first climbing park.
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SkiStar continues its growth journey and invests a further SEK 598 million by 2023/24: New express lift in Hemsedal
In recent years, SkiStar has transformed from a winter company focused on lift and piste, to a company that creates memorable mountain experiences all year round. An important investment decision has now been made to further develop the company's mountain facilities in Sweden and Norway. First up is a new six-chair lift in Hemsedal for next winter.
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