Swiss Bank scraps currency cap

I'm in two minds about this. On the one hand, the £:CHF headline rate is down 15% so all other things being equal, CH is 15% more expensive than it was. If you're payrolling a family trip then multiply this up and it non-trivial.

On the other hand, skiing has always been expensive. And our most expensive trip per head was self-catering in Vail, not our New Year half-board in Verbier. As above, there's a lot of noise about Domaines having to reduce the skipass rates and I'm seeing all sort of 'Specials' appearing. And whilst the skipass is non-negotiable, a lot of the rest of the costs can be moderated or controlled. And anyway, for a lot of people, £150 on a £1000 ski trip is acceptable (especially if it means no lift queues and open pistes).

Some other Forums are seeing loads of thread about this being an apocalypse, but I think that it's being conflated with what is a bad weather year - Verbier is down 15% YoY to date, but that's because of the poor snow and late season opening, not the CHF. And a lot of the negative comment seems to be Schadenfreude from people who never have, or would ski in Switzerland in the first place.

Once the dust has settled, it'll be interesting to see whether it really makes a difference to the visitor numbers, after being adjusted for the below-average snow conditions.

The joys but it will settle and life will go on !