I think so.
It's an unique town; even if in Sudtirol the large majority of the population talks german as their first language, in Ortisei they all talk Ladin. it's the primary town of the Gardena valley, I think there are no other challengers so high, at least in Europe
I forgot about America&Africa challengers
Of course, among Quito (2850 m), Bogota (2640 m), Cali (997 m), Medellin (1495 m), Santiago (520 m), Bucaramanga (959 m), Johannesburg (1753 m), Leon (1815 m), Pereira (1411 m) Ortisei takes only 7th place, but higher than European tournaments in Biella (420m), Lugano (273 m), Sarajevo (500 m) etc