Ueli Prager Explained

Ueli Prager (1916–2011) was a Swiss businessperson and founder of Mövenpick Hotels & Resorts.^[1]

Early life and education

Prager was raised in Wiesbaden, Germany. He studied economics at Zurich University and had early roles at London's Savoy and Mayfair hotels.^[2]

Career

In 1948, he established a restaurant in Zürich, which led to the creation of the Mövenpick, encompassing various food products and eateries.^{[2] [3]}

Prager opened a hotel at Zurich Airport in the 1970s and expanded into other locations. The company faced challenges in the 1980s and eventually he was replaced by his third wife, Jutta, in 1988.^[2]

In 1992, Prager sold his shares in Mövenpick to August von Finck.^[4]

Death

Prager died in 2011 at the age of 95.^{[5] [6] [7]}

Notes and References

1. News: 2023-08-28 . Ueli Prager. 2023-08-28 . 0140-0460.
2. Web site: Kuenzle. Alexander. 2011-10-20 . The man who made Mövenpick . 2023-08-28 . swissinfo.ch.
3. Web site: Innovator with eye for luxury and convenience. Financial Times . 2023-08-28 . ft.com.
4. Web site: Ueli Prager, Swiss businessman and founder of Moevenpick chain, dies at 95. 2023-08-28 . Globalnews.ca.
5. Web site: 2011-10-18 . Moevenpick founder Ueli Prager dead at 95 . 2023-08-28 . CTVNews.
6. Web site: Mir . Meritxell . 18 October 2011 . Swiss food pioneer dies at 95 . 31 August 2023 . The Local Switzerland.
7. Web site: Mövenpick-Pionier Ueli Prager gestorben . 2023-08-28 . Handelszeitung . de.