The BBC have just published a piece on how the credit crunch is impacting the ski industry, with the focus on France. Highlights of the report are as follows:
- bookings are down in traditionally busy times
- most people are bagging lastminute holiday deals
- exchange rates are having an impact on in-resort spending
Clearly the ski industry is in for a tough time for the next couple of seasons, but conversely it will mean that holiday makers who can still afford their annual snow fix will have a wider range of rental properties to choose from, and quieter slopes. Lucky them.
You can see the full BBC report here: http://news.bbc.co.uk/1/hi/business/7794935.stm
In more positive news, the snow in Val d’Isere looks fantastic!
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