Savills | Ski Property Portfolio 2018

ALL EYES ON THE SKIES!

Following two mediocre years, ski resort operators in The Alps are looking forward

to the 2017/18 season with optimistic trepidation.

Late snowfall has meant that in recent years, (natural) snow has been lacking in many

resorts for the all-important Christmas week. In 2016, good mid-late season snowfall

came too late and was in any case made redundant following a March Easter. In

2017, despite low temperatures, the skies remained resolutely anticyclonic, with

a lack of precipitation leaving some resorts devoid of natural snow. Unseasonally

early snowfalls in November 2017 resulted in many stations opening their lifts at

weekends. Let us hope that this is the prelude to a great 2017/18 winter.

Whether investing in a ski holiday, or a ski chalet, skiers want to know that the

effects of a poor or average season are minimised. Our annual Ski research report

considers in more detail, some of the factors that influence the “resilience” of a ski

resort to global warming and climate change.

All eyes on the skies!