1. T HE S WISS S OCIETY OF H OTEL C REDIT

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3. H ISTORY AND DEVELOPMENT Founded in 1967 Operating on the base of the federal law - Promotion of the hotel sector (20th June 2003)

4. M AIN TASKS Encouragement of hotel investment (construction, renovation purchase) by providing loans and advisory services. Preferential interest rate Drawing up feasibility studies Business plan To boost the international competitiveness Sustainability of the Swiss hotel industry

5. W HAT IS THE ROLE OF THE ORGANISATION FOR THE S WISS TOURISM SECTOR ? Objective: match the high standards be able to compete on the international scale. Principles: fit the sustainability requirements (economically, socially and ecologically) The Swiss Society for Hotel Credit is under the federal council surveillance. Its financing is guaranteed by a loan without interest from the confederation.

6. H EAD QUARTER AND SIZE OF THE ORGANISATION Head quarter : Zürich Capital : 27 mio in 2011 796 cooperating

7. O RGANISATION AND S TRUCTURE CEO : Philippe Pasche

8. H OW IS THE ORGANISATION FINANCED Public private financed and private economy Membership (banks, confederation, cantons, municipalities)

9. H OT TOPICS COVERED BY THE ORGANISATIONS Finding members / money Sustainability Exchange rate, conjunctural state of the country Finding good hotels to invest in

10. L INK BETWEEN THE ORGANISATION AND OTHER PLAYERS OF SWISS TOURISM SECTOR Implementation is done in collaboration with banks, cantonal economic promotion and standards associations Link with the SECO, responsible of the touristic politic

11. O UR OPINION ON THE IMPORTANCE OF THE ORGANISATION FOR THE TOURISM SECTOR Tourism is a risky sector, therefore it needs loans with preferential interest rate (in a classic bank, it would be too much expensive)