Estate Agents & Advertisers: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

Secure Exit Strategy

Ski resorts to be 'less popular' in 2009

Date : (News Section: France)

Ski resorts to be 'less popular' in 2009

The attraction of ski and snowboarding destinations could fall as consumers look to reduce their outgoings in the credit crunch, it has been claimed.

UK-based travel firm International Property Tribune has suggested that visits to destinations throughout the US and Europe are to decrease during 2009.

"It's the City of London and Wall Street bunch who take a week's ski holiday in France [or] the US … that are going to be cutting back their spending in the coming months," the firm explained, adding that many see travelling to a ski destination as a luxury rather than a necessity.

This may make overseas property investors who have been considering making purchases at ski resorts to think twice about doing so, as they may see a shortage of potential tenants during the skiing seasons.

Those who have been looking at purchasing ski property in the US and are planning to continue to do so may find it easier to obtain a mortgage after the Federal Reserve reduced the country's federal funds rate.


Article created on behalf of News Desk ()

Related Articles

  1. Foreign Buyers Now Propping up the Market in France
  2. Strong Pound And Low Prices Leading Brits to Look Towards France
  3. Winter Olympics to Boost French Ski Properties
  4. Property in France Offers Access to Bargains
  5. Sales of Prime French Property Defying Economic Uncertainty

Let us search for you Let Us find Property in France for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in France.

SubscribeGet Email Updates!


* We value your privacy and will never share your email address with anyone else.

Min. 35% Net Return over 5 Years from 82,000GBP
Development Showcase
Distressed Property in Chatel Featured Property
Chatel (Departement de la Haute-Savoie)
House/Villa - 7-Bed, 5-Bath
€890,000 - Find out more »
Distressed Property in Ruffec Featured Property
Ruffec (Departement de la Charente)
House/Villa - 3-Bed, 1-Bath
€321,000 - Find out more »

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: France
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo