Business · Companies · 7 hrs ago
Closed Wildhaus hotel seeks buyer as owner rejects unsuitable offers
The Hotel Toggenburg in Wildhaus, Switzerland, has been closed since October 31 and is now for sale.
Its 80-year-old owner, Paul Beutler, is asking 2.5 million francs and says he wants a buyer who will look after the property.
The three-star hotel has 30 rooms and a large restaurant, and Beutler believes its location beside the ski lifts gives it potential.
The hotel has had a difficult few years: one operator went bankrupt, and a later pair of operators allegedly failed to pay rent or suppliers, causing 150,000 francs in losses.
Beutler says two potential buyers are currently interested, but it is not yet clear whether they can raise the money.
He expects the hotel to remain closed through winter and says he will not run it again himself.
The Hotel Toggenburg in Wildhaus, Switzerland, has been closed since 31 October and is for sale.
Owner Paul Beutler is asking 2.5 million Swiss francs and says he will not sell to investors he considers unsuitable.
Two prospective buyers are interested, but it is unclear whether they can raise the money.
Beutler expects the hotel to remain closed through the winter and says he will not run it again himself.
The 30-room, three-star hotel has faced troubled years, including the collapse of its former tenants and losses under a later tenancy.
- Who
- Hotel owner Paul Beutler is seeking a buyer for the Hotel Toggenburg.
- What
- The closed hotel is for sale for 2.5 million Swiss francs. Beutler says he wants a suitable buyer.
- When
- The hotel has been closed since 31 October 2026.
- Where
- Wildhaus, in the Swiss canton of St Gallen.
- Why
- Beutler is seeking a buyer for the hotel, which he says he can no longer run himself.
This story does not have two clearly opposing sides.
The hotel’s tenants at the time went bankrupt, and Beutler took over as hotel director.
New tenants took over, but Beutler says they did not pay rent or suppliers.
Beutler had the tenants removed with police assistance.
Beutler reopened the hotel on weekends.
The hotel closed.
- Asking price
- 2.5 million Swiss francs
- Hotel
- 30 rooms; three stars
- Location
- Wildhaus, canton of St Gallen, Switzerland
- Interested buyers
- Two concrete prospective buyers
- Reported loss
- 150,000 Swiss francs
1 source
What people are saying
I will not sell to dodgy investors when I don’t know what they will do with the property!
I can’t do it any more, I have to look after myself now.
The money is the biggest sticking point.