Profitability calculation Thüringen Alpin

Chairlift at Silbersattel

The Silbersattel ski area, now known as Thüringen Alpin, is the largest ski area in the state of Thuringia. After years of planning, the project to secure and expand the popular ski area now seems to have reached the home stretch. The current planning includes the construction of a 10-passenger gondola lift from the stadium in Steinach to the Fellberg summit, a replacement of the existing double chair lift with a quad chair lift, an extension of the snowmaking system and the bike park. With two new runs and then 290 metres of altitude difference, the ski area would further expand its leadership in the region. The town of Steinach will act as the builder, but it will put the operation of the resort out to tender. The state of Thuringia is supporting the investment with a double-digit million euro sum.

The subject of the profitability calculation, which Montenius Consult carried out on behalf of the city of Steinach, was in particular the clarification of the question of whether a leaseholder could generate a rent from the operation, which could fully compensate for the financial burdens arising for the city as a result of the financing of the municipal share. The results were presented on the 29th of January 2019 at a press conference.

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