The weak pound is not dissuading skiers this season – but a poor snow forecast since November has hampered bookings, according to Advantage members.
Agents on a Club Med fam trip to Val Thorens last month agreed the poor pound-euro exchange rate had not put clients off skiing in 2016-17.
“The exchange rate isn’t putting people off, but they’re waiting for the weather,” said Nick Marks, director of Baldwins Travel Group.
Advantage’s commercial director John Sullivan agreed that skiers are increasingly waiting for good snow before they book. “The minute there’s good snowfall we see a spike in bookings,” he said. “In November we had the best early snow in the Alps for 20 years and saw a small spike, but in winter 2015-16 the good numbers didn’t really come through until January, February and March, because of the snow.”
Ski sales were slightly up across the Advantage membership year-on-year, he noted, but for dates in late January, February and March when consumers hoped snow would be guaranteed.
Bianca Wassall, co-director of The Travel Concept, noted that Christmas had been slow. “We’ve seen people booking very early for next Easter more than for Christmas,” she said.
For all-inclusive operator Club Med, the weak pound has been good for business from the UK, with bookings 10% up for winter 2016-17 compared with last year. “We were concerned about what would happen after the referendum, but ski sales have been great since the summer,” said agency sales manager for the UK and Ireland, Yann Richard.
“If anything, the poor exchange rate has had a positive impact for Club Med because not having to pay for anything when you are in resort is particularly appealing,” he added. “We think that we have been able to take some market share this season because of it, and have seen the number of new clients trying our brand rise by a third this year.”
Dan Cukier, managing director of Executive Conference Travel Ltd, said the impact of the exchange rate on his own clients had been minimal, and pointed out that the pound had already recovered considerably since the referendum. “The pound has gone up 7% in the last three weeks – the fastest rise since 2013 – but no one’s mentioning that.”
