Sport Resort Ylläs Project is the biggest tourism resort development plan in Lapland with 150 000 m², 10.000 beds, and 500-600 million euros. The project is a unique investment opportunity as participating investors and hotel operators will be shaping the whole resort and become a part of the tremendous growth in the area.
According to Osmo Virranniemi, the CEO of Iso-Ylläs Oy, the new project includes three hotels, various chalets, a golf course, and several leisure facilities. – It will increase the bed capacity by 10.000 beds (+80 percent) and expand the skiing slope capacity by 60 percent.
Virranniemi, together with Reijo Riila, is the founder of Sport Resort Ylläs. For about 30 years they have developed the destination from a small Lapland village to a popular downhill and cross-country skiing center. —Since the 80’s a total of 100 million euros have been invested in the area. We have the strong local expertise and an understanding of the growth potential of the area.
Now, as tourism in Lapland shows steady growth, it is time for the next big step, says Virranniemi. The new project is a big step forward, with the total project volume including hotels, leisure facilities and ski lifts estimated to be 500-600 million euros.
Ylläs is an attractive all-year-round travel destination
Lapland offers unique winter and summer experiences in a clean and safe environment and stable growth for the tourism business.
Ylläs is the biggest skiing resort in Finland with 63 slopes and the best cross-country skiing track network in Finland. The resort is also located by Pallas-Yllästunturi National Park, the third-largest National Park in Finland. The two villages in the destination, Ylläsjärvi and Äkäslompolo, are connected by a 15 min drive on a scenic road.
Due to its location, Ylläs can guarantee snow during the entire winter season (Nov-May). – Although winter is the biggest season, tourism in the summertime has shown clear positive development recently. Visit Ylläs, companies and local authorities are putting a lot of effort in further increasinf the summer tourism. – One example is the major development in mountain biking that is now underway in the destination. Ylläs has started a project to make the resort the most attractive mountain bike destination in Finland all year round.
Although Ylläs offers pure nature experiences in remote locations, it is perfectly accessible for domestic and international tourists. Kittilä airport and Kolari railway station are both easily accessed. Driving time is about 30 minutes by car, and there is a bus service from both locations.
Tourism is a steady business and demand is growing
According to Statistics Finland, there were 333.000 registered overnight stays in Ylläs in 2018. A little over half of the overnights come from domestic markets and the biggest international markets are UK, Switzerland, France, Germany. At the moment there are 19 hotels with 1.000 rooms in Ylläs, and many are small-sized hotel businesses. A large quantity of privately-owned cottages are excluded from the official statistics, and the total capacity is estimated to be around 23.000 beds.
-There has been a major increase in hotel demand over the last 10 years. Even though hotel demand has increased, the supply has been relatively stable. Thus, the hotel market in Ylläs offers opportunities for new projects.
Sport Resort Ylläs Project offers profitable future potential
– Our vision is that Ylläs Sports Resort is Northern Europe’s most desirable holiday destination for active families all year round, states Osmo Virranniemi.
The Master Plan for the area is ready ,and it creates a whole new village center: three hotels, various chalets, an 18-hole professional golf course, and an indoor recreation center. The total building volume is 136,600 m2, the single largest being the Arctic Wellness Hotel. The Master Plan has been approved by the council, with detailed plans to be handed in at a later stage.
– Market and potential analysis were made during the master plan process, and the proposed hotel concepts are based on that work. A thorough feasibility study, calculations, and further architectural plans are being made at the moment. We will be looking for investors and operators for three hotels, says Virranniemi.
Arctic Wellness Hotel
- Total floor area 10,000 m²
- 150 hotel rooms (3rd -7th floors) with top floor Skyview suites. Sleep quality and stress measurement using sensor technology
- Wellness spa, health and fitness activities
- Investment Ca. 30 M€
Ylläs Aurora Iglu Hotel
- Total Floor Area 10,330 m2
- Aurora Hotel 96 suites
- Luxury Cottages 70 suites
- Safari House 18 apartments
Arctic Safari Ice Hotel
- Total floor area 9,298 m2
- Ice Hotel 19 suites
- Safari Hotel 58 suites
- Luxury Cottages 66 suites
- Smoke sauna, bathing area