Wednesday, 25 July 2012

Work on $600 million Swiss Alps resort to start next year: developer

Work on $600 million Swiss Alps resort to start next year: developer: GENEVA (Reuters) - A firm backed by a Russian property tycoon will start building a $618 million luxury resort in the Swiss Alps early next year, the company said on Tuesday, in a move likely to be interpreted as a boost for Switzerland's struggling tourist sector.