Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Factbox-Crans-Montana: Swiss resort at centre of deadly bar fire
    Headlines

    Factbox-Crans-Montana: Swiss resort at centre of deadly bar fire

    Factbox-Crans-Montana: Swiss resort at centre of deadly bar fire

    Published by Global Banking and Finance Review

    Posted on January 1, 2026

    Featured image for article about Headlines

    BERLIN, Jan 1 (Reuters) - Following are some key facts about the Swiss resort of Crans-Montana where officials said dozens of people were killed and 100 injured, most of them seriously, after a fire tore through a crowded bar during a New Year's Eve party.

    LOCATION

    Crans-Montana is in the Swiss Alps in the French-speaking part of the canton of Valais. It lies on a plateau above the city of Sierre, around 1,500 metres (4,920 feet) above sea level, with views of the Valais Alps and the Weisshorn mountain.

    VIP CONNECTIONS

    The resort has attracted a long line-up of celebrities, including James Bond star Roger Moore who lived there until his death in 2017. Model Claudia Schiffer, actor Hugh Grant and former French President Nicolas Sarkozy have all passed through.

    It hosts major events including the Omega European Masters golf tournament, which drew more than 48,000 spectators in 2024, and the Alpine Ski World Cup, attended by 37,000 people.

    TOURISM

    Around three million people visit Crans-Montana every year, far more than its local population of 10,500.

    From November 2023 to October 2024, Swiss travellers accounted for 66% of hotel stays, according to Crans-Montana Tourism & Congress Committee data.

    This was followed by tourists from France (7.3%), Italy (3.7%), Britain (3.5%), the United States (2.8%), the Gulf states (2.4%), Belgium (2.1%) and Germany (2.0%).

    OWNERSHIP AND NETWORK

    Crans-Montana's ski operations are part of the international Epic Pass network operated by U.S.-listed Vail Resorts, which acquired the resort's ski lift company in 2024.

    Vail Resorts manages 42 mountain sites, including Crans-Montana and Andermatt-Sedrun in Switzerland.

    In its December 2025 capital plan, Vail highlighted the rising importance of its Swiss resorts in attracting U.S. visitors and boosting revenue in Europe.

    ACTIVITIES AND SPENDING

    The resort has 140 km (87 miles) of ski slopes, mountain biking trails, hiking routes and championship golf courses, according to its annual report.

    It also has 2,678 hotel beds and many holiday apartments. In 2024, 1.45 million Swiss francs ($1.83 million) of central reservation sales and 283,515 Swiss francs from activity bookings were recorded.

    ($1 = 0.7923 Swiss francs)

    (Reporting by Kirsti Knolle and Christoph Steitz; Editing by Andrew Heavens)

    Related Posts
    Fireworks accidents kill two in the Netherlands; fire destroys historic Amsterdam church
    Fireworks accidents kill two in the Netherlands; fire destroys historic Amsterdam church
    Russia and Ukraine trade allegations of civilian attacks on New Year's day
    Russia and Ukraine trade allegations of civilian attacks on New Year's day
    Italy says US has sharply cut proposed pasta tariffs after a review
    Italy says US has sharply cut proposed pasta tariffs after a review
    Russia says it will give U.S. proof of attempted Ukrainian strike on Putin residence
    Russia says it will give U.S. proof of attempted Ukrainian strike on Putin residence
    Ukraine condemns Russian new year drone attack on power infrastructure
    Ukraine condemns Russian new year drone attack on power infrastructure
    Bulgaria celebrates entry into euro zone, lev currency banished into history
    Bulgaria celebrates entry into euro zone, lev currency banished into history
    Russia accuses Ukraine of killing 24 people in New Year drone strike
    Russia accuses Ukraine of killing 24 people in New Year drone strike
    Ukrainian drones hit targets in three Russian regions, local officials say
    Ukrainian drones hit targets in three Russian regions, local officials say
    Swiss police believe around 40 died at Swiss bar explosion, Italy says
    Swiss police believe around 40 died at Swiss bar explosion, Italy says
    Russia-installed Kherson governor says 24 killed in strike on New Year celebrations
    Russia-installed Kherson governor says 24 killed in strike on New Year celebrations
    Dozens killed, 100 injured in fire at Swiss ski resort bar, police say
    Dozens killed, 100 injured in fire at Swiss ski resort bar, police say
    Factbox-After Bulgaria, euro expansion faces hurdles in remaining EU states
    Factbox-After Bulgaria, euro expansion faces hurdles in remaining EU states

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostRussia and Ukraine trade allegations of civilian attacks on New Year's day
    Next Headlines PostItaly says US has sharply cut proposed pasta tariffs after a review

    More from Headlines

    Explore more articles in the Headlines category

    World bids goodbye to 2025 with fireworks and icy plunges

    World bids goodbye to 2025 with fireworks and icy plunges

    Russian air defences down 29 Moscow-bound drones over 20 hours, mayor says

    Russian air defences down 29 Moscow-bound drones over 20 hours, mayor says

    Zelenskiy says he won't sign weak deal that will only prolong war

    Zelenskiy says he won't sign weak deal that will only prolong war

    Ukraine, EU officials dismiss alleged attack on Putin residence

    Ukraine, EU officials dismiss alleged attack on Putin residence

    US finds Ukraine did not target Putin in drone strike, WSJ reports

    US finds Ukraine did not target Putin in drone strike, WSJ reports

    EU warns Yemen developments risk Gulf stability

    EU warns Yemen developments risk Gulf stability

    Macron: allies will make commitments on protecting Ukraine at Jan 6 meeting

    Macron: allies will make commitments on protecting Ukraine at Jan 6 meeting

    US held talks with Ukraine, European countries on next steps in ending Ukraine war, Witkoff says

    US held talks with Ukraine, European countries on next steps in ending Ukraine war, Witkoff says

    Russia's Putin, in New Year address, voices confidence in victory in Ukraine

    Russia's Putin, in New Year address, voices confidence in victory in Ukraine

    Macron wants to ban under-15s from social media from September 2026, Le Monde reports

    Macron wants to ban under-15s from social media from September 2026, Le Monde reports

    Russia releases video footage to challenge Kyiv over alleged attack

    Russia releases video footage to challenge Kyiv over alleged attack

    Italy's Tajani calls for electoral reform with majority bonus before next national vote

    Italy's Tajani calls for electoral reform with majority bonus before next national vote

    View All Headlines Posts