Good snow conditions and Easter falling in April resulted in good business for the 2009 spring season.
Compagnie des Alpes Chairman and CEO Dominique Marcel commented, "the attractiveness of our sites and quality of our services showed through in the resilience of Compagnie des Alpes Ski Areas, which weathered a difficult economic climate."
The company believes that two economic factors explain the slight decline in sales to March 31st. This year, the Easter weekend and vacations, especially for foreign visitors, were in April. Also the world ski championships, held in February, at a peak time of the season, adversely affected business for the companies of Espace Killy (Tignes and Val d'Isère).
According to a company statement :-
Medium- and low-altitude sites, as well as non-Alpine sites, benefited from abundant snowfall. Despite the economic climate, which has been particularly harsh on British customers (20% of all CDA Ski Areas customers), Group Ski Area skier visits should on par with the average for the past five financial years. Revenues per skier day continued to rise (by about +4%), getting a particular boost this year from the reopening of the Paradiski ski area.