Recession Causes Snowball Affect For Ski Holidays

It appears that some ski holiday chalet companies aremaintained a star-studded client list that includes
liquidating their assets due in part to the weakDavid and Victoria Beckham, JK Rowling and Rowan
economy. Early estimates show that luxury chaletAtkinson.
bookings are down about 17 percent compared toPrince Andrew hosted a party at Descent in January
last year's early bookings. Ski companies and luxury2009 and pre-booked another for the same week in
chalet rentals are trying to maintain pricing as usual,2010. His deposit of approximately 30,000 pounds
but many have had to offer incredible price breaks towas a small fraction of the 450,000 pounds in total
lure guests back.deposits for bookings for the 2009 to 2010 ski
Descent International, one of Europe's most famousseason. Recovery of the deposit moneys is unknown
and prestigious resorts, has begun total liquidation ofat the present time.
assets. Over the years, Descent International has