Compagnie des Alpes SA - StgM, a 78% subsidiary of Compagnie des Alpes (CDA), transferred responsibility for operation of Tignes ski area to local pub...

On 1 June 2026, Compagnie des Alpes SA - StgM, a 78% subsidiary of Compagnie des Alpes (CDA), transferred responsibility for the operation of the Tignes ski area to ALTTA, a newly established public company formed by the municipality of Tignes and Sainte-Foy-Tarentaise(Tignes ski area transferred). This transition marks the end of nearly four decades of management by CDA and its local subsidiary, STGM.

The shift reflects a strategic decision by local authorities to take a more direct role in managing the ski area, rather than a critique of CDA’s performance. ALTTA is expected to bring a renewed focus on local governance and investment strategies tailored to the specific needs of the region. The move is seen as part of a broader trend in Alpine destinations to reassess ownership models and adapt to evolving economic and environmental challenges.

This transition may have implications for future investment in mountain tourism and could influence similar decisions in other European ski regions. Investors and stakeholders will be watching closely as ALTTA begins its new role in managing one of the Alps’ most iconic ski resorts.