Compagnie des Alpes S.A. is a major European leisure and tourism operator, managing a diverse portfolio of mountain resorts, theme parks, and hospitality services. The company operates through three primary business segments: Ski Areas and Outdoor Activities, Leisure Parks, and Distribution & Hospitality.
The Ski Areas and Outdoor Activities segment (accounting for approximately 42% of FY 2024/25 revenue) operates ski lifts and maintains slopes at premier high-altitude resorts in the French Alps, including La Plagne, Les Arcs, Tignes, Val d'Isère, and Les Menuires. The Leisure Parks segment (generating roughly 48% of revenue) manages popular theme parks, water parks, and attractions across France, Belgium, the Netherlands, and Germany. Key properties include Parc Astérix, Futuroscope, Walibi (Belgium, Holland, Rhône-Alpes), Musée Grévin, and the recently acquired Belantis park in Germany. The Distribution & Hospitality segment (around 9% of revenue) includes MMV, the second-largest hotel operator in the French Alps, the Mountain Collection Immobilier real estate agency network, and the Travelfactory tour operator.
In 2024, the company expanded its footprint into urban sports by acquiring the Urban Group, a leader in five-a-side football and padel tennis centers in France. Compagnie des Alpes benefits from a highly resilient business model that balances winter tourism with year-round leisure spending, leveraging long-term public concession agreements for its ski resorts and continuous investments in its destination parks to drive attendance and pricing power.
