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Weaker Euro Set To Make 2012-13 Season Cheaper For Brits?

Published : 11-Aug-2012 04:20

The weak Euro looks set to make skiing in Austria, France and Italy more affordable for Brits next winter.

With the official exchange rate passing 1.25 Euros to the pound and currency exchange bureaus offering up to 1.23 Euros to the pound in recent weeks, the cost of skiing in the Eurozone will be down more than a fifth on recent seasons, when the exchange rate reached almost parity and 1 Euro = 1 pound – if the current situation lasts until next winter.

In fact in some cases it is possible to make purchases of ski rental, ski school and lift tickets – as well as accommodation if booking direct – for those who already have their 2012-13 ski season holiday booked.

Many ski resorts in Austria already have their lift ticket pricing up online for 2012-13 with advance purchase and immediate payment offered by some. French resorts typically publish their prices later and Italian and Andorran last of all, but these should be appearing over the next eight weeks.

Set against the reducing cost of the Euro are price increases in ski resorts. Early indications are that these will vary tremendously with most resorts holding lift ticket increases to 2% or less, although 3 Valleys in bucking that trend with as cost increase of more than 6% on a six day ticket – but in all cases the stronger Euro means far greater savings than any price increases can nullify.

So far it is only the Euro zone that has seen a marked price decrease fpr Brits, the US and Canadian dollars along with the Swiss Franc all remain very strong.

And of course it is unknown whether the current exchange rate between the pound and the Euro will remain stable, or if the Euro will regain in strength, or if the pound will get stronger still against it.

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