A new luxury resort, the W5 Luxury Suite Hotel, is set to be developed in Wengen, Switzerland, with an investment of 84 million Swiss francs. This project includes seven residential buildings with 40 upscale apartments and 220 beds, aiming to attract wealthy tourists. The construction is planned in an area requiring tree removal, leading to potential local opposition. Despite this, local tourism officials view the project positively, anticipating a 10% increase in overnight stays in the village.