IBOV 178,233.52 ▲ 1.46% IPSA 11,431.88 ▼ 0.12% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,999,080 ▲ 0.66% COLCAP 2,467.23 ▲ 0.38% BVL PERÚ 59,928.30 ▼ 0.14% USD/BRL5.18▼ 0.24% USD/MXN17.01▼ 0.17% USD/CLP932.54▲ 0.11% USD/COP3,213▲ 0.41% USD/PEN3.36▲ 0.22% USD/ARS1,509▼ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.05% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.02▼ 0.21% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 178,233.52 ▲ 1.46% IPSA 11,431.88 ▼ 0.12% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,999,080 ▲ 0.66% COLCAP 2,467.23 ▲ 0.38% BVL PERÚ 59,928.30 ▼ 0.14% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 31, 2026

Swiss Luxury Ski Resort Fire Kills About 40 on New Year’s Eve

By · January 1, 2026 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Key Points

  • Fire tore through Le Constellation in Crans-Montana around 1:30 a.m., with reports of about 40 dead and at least 100 injured.
  • Officials say there is no sign of terrorism, but evacuation design and safety compliance are under scrutiny.
  • In peak season, a local venue becomes an international risk.

A New Year’s Eve party at a ski resort turned into an emergency in minutes. Just after 1:30 a.m. local time, a fire broke out inside Le Constellation, a bar and lounge in Crans-Montana. Witnesses reported a loud bang as smoke spread.

Valais cantonal police have described “dozens” of deaths. Italy’s foreign ministry has estimated roughly 40 fatalities.

Authorities have reported more than a hundred injured, many in critical condition, and warned that several victims are likely foreigners because the resort draws international visitors at year-end.

The response was large: more than ten helicopters, about forty ambulances, and roughly 150 responders.

The most severely injured were distributed across multiple hospitals, including Valais Cantonal Hospital in Sion and other regional burn centers. A psychological support unit was set up for families and witnesses.

RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →

Swiss Luxury Ski Resort Fire Kills About 40 on New Year’s Eve

Several accounts place the venue in a lower-level space reached by stairs. In a fast-moving fire, smoke can erase visibility and turn one staircase into a choke point. That geometry matters when a room is packed and people do not know the exits.

Investigators have not confirmed a cause. Officials say evidence collected so far allows them, at this stage, to exclude an attack, and they are treating the event as accidental while examining ignition sources, occupancy, and legal safety measures.

Fireworks are part of the background. Crans-Montana had prohibited them for New Year celebrations because of dry conditions and weak winter snow cover.

Reports suggest the ban may not have been universally respected, but authorities have not linked that to the fire.

Crans-Montana sells a promise of order. A catastrophe in an elite venue will intensify scrutiny of inspections and whether “exclusive” settings are held to standards that match their prices. The Rio Times has long documented how luxury destinations can mask systemic safety gaps—from the 2019 marina fire that destroyed dozens of high-end vessels in Bertioga, Brazil, to the 2012 Swissair building blaze in Rio de Janeiro, where inadequate fire prevention systems left a commercial tower vulnerable.

Related coverage: Brazil’s Morning Call | Rio’s New Year’s Eve Machine Turned Copacabana Into a City-S This is part of The Rio Times’ daily coverage of Latin American news and financial markets.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.