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Hapimag Holiday Residence in "Duenenblick" Westerland on Sylt

Press Release: Hapimag
November 27, 2002
BAAR, Switzerland -- Hapimag is opening its newest holiday residence on the island of Sylt, a true North Sea pearl, in one of the most attractive holiday regions in Germany. With its 40 apartments spread over 8 houses, the resort offers the 135'000 Hapimag partners yet another superlative holiday destination.

The newest Hapimag holiday residence lies in the town of Westerland. Westerland is where the Hanseatic elite today enjoy spending their weekends, as well as being in the immediate vicinity of the North Sea. The beautiful sandy beaches and fresh air are perfect for long walks or taking a swim in the slightly salty water. Thanks to the special climate Sylt offers fitness for both the heart and soul. Surrounding the main beach one can find an adventure world, offering numerous leisure and open air activities for a sporting holiday, as well as a promenade filled with peaceful cafés and restaurants offering a wide selection of culinary specialities.

The Hapimag residence "Duenenblick", built for a cost of approx. € 9 million/USD 9 million, consists of 8 buildings altogether. The 40 apartments are divided up into 24 2-room and 16 3-room apartments. The apartments offer room for four to six people and a living space of 33 to 43 m2. All apartments are built to a modern standard and are furnished in the style of a country house with either balcony or terrace. Furthermore, all apartments have a kitchen with 4 ceramic hot plates, dishwasher and microwave.

An attractive wellness area with a cave-like swimming pool, sauna, steam bath, whirlpool, solarium and massage are also to be found on the premises.

Both the planning and realisation of the Westerland residence was a complete success for Hapimag, as it was again possible to combine the interests of all the involved parties. Those of the 135'000 partners, who can now spend their most precious time of the year in another beautiful, high quality surrounding. Those of the region, whose businesses will be able to profit from the numerous additional tourists, as well as those of Hapimag, who has once again successfully met the strict ecological standards it sets itself.

Further residences on Sylt
As well as running the "Duenenblick" resort, Hapimag also has two other island residences on Sylt with a total of 110 apartments, namely the "Margarethenhof" and the house "Aalborg", which lie in the centre of Westerland and are only 10 minutes walking distance from the promenade.

After Bad Neuenahr/Ahrtal, Binz/Ruegen, Braunlage/Harz, Unterkirnach/Black Forest, Winterberg/Sauerland and the city residences in Muenich and Berlin, Westerland is yet another German holiday gem for those members, who time and time again entrust their most precious time of the year to Hapimag.

Key figures
Building volume	€ 9 Mio./USD 9 Mio.
No. of apartments	40, divided into:
	24 2-room apartments
	16 3-room apartments
Estimated overnight stays per year	48'000

Further information about Hapimag is available at www.hapimag.com or info@hapimag.com. For enquiries by telephone, please call +41 (0) 848 802 803.