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Real Estate News Releases
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(EMAILWIRE.COM, January 17, 2009 ) France - As the credit crunch continues to freeze global markets, people are holidaying closer to home; a new trend which had a hugely positive impact for French ski resorts over the festive period, with 75 per cent of all ski accommodation booked solidÂ…
According to TravelMole, people are looking to avoid the pressures of the current economic crisis and save money by going for cheaper alternatives in 2009, with many planning to head to their closer European neighbours to provide a quality holiday on a tighter budget.
In our news story of 11th December, we we reported how the annual snowfall had arrived at European ski destinations earlier than expected, drastically boosting buyersÂ’ interest in ski properties.
Ski chalets and resorts across France are said to be booming, despite the credit crunch, with millions of holidaymakers being lured by the exceptional conditions.
Now, the strong snowfall combined with the credit crunch has given the French ski resort properties a far more prosperous Christmas and New Year period than expected.
As the economic woes continue to rage on, many French locals chose to remain at home over the festive period, meaning that the vast majority of ski accommodation in the Alps, Pyrenees and other locations were choc-a-bloc.
More than 75 per cent of rental accommodation was occupied during the period, a study by market analyst firm Protourisme revealed.
Protourisme’s Manager Didier Arino said, “The Christmas figures were excellent and there is no doubt that the economic crisis is helping French vacation spots.
“The French are not going abroad as much,” he added.
If you own a property in a French ski resort, this new trend could bolster your homeÂ’s rental potential considerably.
ItÂ’s not just the French who are keen to rent a ski property in France. Recent research from the Association of British Travel Agents (ABTA) revealed that a whopping 1.3 million UK holidaymakers enjoyed winter sports trips last year, and that figure looks set to be smashed this year, with the French mountains being amongst the most popular slopes to take to.
For more information on French properties and the market in general, please visit http://france.themovechannel.com/
-ENDS-
Notes to editors:
TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property. It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries, which are listed by over 500 partner organisations.
For further information as well as images and interview possibilities, please contact:
Dan Johnson
Managing Director
www.themovechannel.com
0207 952 7650
TheMoveChannel.com
Jon Moore
020 7952 7658
j.moore@themovechannel.com 
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