Glencoe Valley

Glencoe’s For Sale

The oldest Scottish ski center Glencoe is currently in need of new developments in order to keep afloat in future and is searching for investors to finance them. It is expected that enhancements made to gondola and adding of mountain biking areas will help to attract guests during the whole year.

Glencoe’s website announces: "Serious investors, investment proposals and prospective purchasers are sought to take the resort forward. The ski industry is currently undergoing a renaissance as people stay at home rather than travel abroad. Glencoe is famous the world over and keen international interest is expected in this sale. Expressions of interest should be lodged by 31st March, 2009."

Today’s owner of Glencoe David Campbell bought it five years ago in cooperation with his business partner Neil Tait. Mr. Campbell reported that at the moment the ski center is in much more better condition than it used to be when they got it. He said to The Herald newspaper: "The business is operating smoothly and there are good people now in all the key positions… What is needed is a new group of investors, or owners. With ambition and drive they can take the resort forward over the next decade. The building blocks are all in place."

This winter season has been one of the most successful in the resort’s history due to great snow conditions. Heavy snowfalls in February left a lot of fresh powder, which provides a chance to last the season until May. Mr. Campbell added: "Throughout the UK there has been a lot of snow this year. This has been a boon to the snow sport industry in Scotland. We are now waiting for the all-important Easter period. At Glencoe we often ski until the May Day bank holiday."

Photo: Glencoe Valley, by aesopus (wikipedia.org)

Date: 19/03/2009