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Outlook for 2010 – ski areas

Visitor numbers for the season difficult to estimate because of changes in commercial accommodation reservations:

  • Significant last-minute reservations

  • Trends erratic from one resort to another

Since mid-November, reservations inventory has been progressively drawn down, particularly for Christmas

  • Private-owned accommodations make up 1/3 of sales and are less sensitive to the

economy

  • Satisfactory early-season snowfall and good conditions for man-made snow

  • Price effect normal, expected to be between 2.5% and 3% per skier-day

  • Growth potential from Group consolidation of Deux Alpes

  • Significant investment:

    • delivery of four detachable chairlifts (La Plagne, Arcs, Menuires, and Samoëns)

    • Neiges de Culture”: innovative outdoor trails combining entertainment and culture at Serre Chevalier

Compagnie des Alpes at December 15, 2009 - slide 24

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