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Uncontested leadership in ski areas

More than 14 million skier-days in controlled resorts (18.1 million total)

  • A model that has proven its resistance and stability

    • Low volatility in volume

    • Price elasticity much lower than the tourism sector and leisure in general

    • Public service delegations with long-term concessions

    • Uninterrupted organic growth for over a decade

  • Positioned at major sites that are well known in Europe and worldwide and that meet highly selective criteria

    • 12 resorts ranked among the top 15 in France (sales and skier-days)

    • Very strong capacity to attract foreign customers (40% of customers)

    • A core of loyal customers

  • Recognized operating expertise

Compagnie des Alpes at December 15, 2009 - Slide 4

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