In 1981, Theresia and Alois Ganahl, together with their son Niki and his wife Notburga, found the Piz Buin in the immediate vicinity of the valley station of the Pardatschgratbahn in Ischgl, thus laying the foundation for a successful family business. 1989 the après ski bar Nikis Stadl has been followed, which is still one of the most popular nightlife venues in Ischgl. The Wildererhütte, a popular excursion destination on the Silvretta High Alpine Road with its associated wildlife park, also belongs to the company.
In 2014 the hotel has been converted and modernized.
In 2015, Sabine and Christian take over the family business.
With the children Alexander, Daniel and Michaela is also ensured for a successor in the fourth generation.