Due to the Credit Crunch Several Ski Operators Will Be Cutting down Their Number of Luxury Catered Ski Chalets
Thanks to the credit crunch bookings for skiing holidays Europe went down this winter.
Despite of acceptable early on holiday bookings along with great snow conditions.
This reduction in numbers follows on from seven seasons of continuous growth in the snowboarding industry, and the number of holidaymakers fell from 1.05 million in 2008 to 850000 last winter.
This is in part due to vacationers giving their annual ski holiday a miss, and additional skiers who would ordinarily have 2 ski trips, merely had the one.
A fall of 15% was experienced by the independent travel sector and a few low priced airlines slashing the amount of airplanes to certain cities.
Moreover tour operators also saw the reservations reducing by 15%.
Nevertheless, the top six operators share of the market continued at a healthy 73% and the French Alps retained its position as the top holiday destination with about 37% of skiing holidays.
This meant that several tour operators slashed the amount of luxury ski chalets they lease this year.
The catered chalet markets especially will see a fall in skiers due to the fact that a luxury catered chalet costs more with regards to chefs and hosts and rent when it is unsold.
It’s unlikely therefore that we will see the deals which were available this season.
Although prices are likely to go up, prices probably won’t rise substantially.
