Dubai Telegraph - Ski prices rise but skiers keep coming, for now

EUR -
AED 4.239003
AFN 75.596282
ALL 93.061819
AMD 421.273357
ANG 2.065866
AOA 1059.605841
ARS 1721.849601
AUD 1.633375
AWG 2.079102
AZN 1.961987
BAM 1.956614
BBD 2.324406
BDT 141.658907
BGN 1.958039
BHD 0.43517
BIF 3450.419872
BMD 1.154255
BND 1.477108
BOB 13.531627
BRL 5.982737
BSD 1.15405
BTN 110.090303
BWP 15.535056
BYN 3.470853
BYR 22623.397686
BZD 2.321045
CAD 1.605638
CDF 2623.621533
CHF 0.938987
CLF 0.026818
CLP 1055.497207
CNY 7.783367
CNH 7.785375
COP 3607.589325
CRC 518.20202
CUC 1.154255
CUP 30.587757
CVE 110.310393
CZK 24.216615
DJF 205.510118
DKK 7.475671
DOP 67.546333
DZD 153.433913
EGP 57.91613
ERN 17.313825
ETB 184.622812
FJD 2.554886
FKP 0.855276
GBP 0.854974
GEL 3.012228
GGP 0.855276
GHS 12.845342
GIP 0.855276
GMD 84.836392
GNF 10138.127994
GTQ 8.804623
GYD 241.450404
HKD 9.057139
HNL 31.009102
HRK 7.535554
HTG 150.95408
HUF 363.301595
IDR 20559.474349
ILS 3.416294
IMP 0.855276
INR 110.157305
IQD 1512.651156
IRR 1586624.468509
ISK 142.19234
JEP 0.855276
JMD 182.581179
JOD 0.818365
JPY 183.74181
KES 149.141648
KGS 100.939436
KHR 4670.922117
KMF 492.866697
KPW 1038.829825
KRW 1631.793343
KWD 0.356388
KYD 0.961775
KZT 537.059372
LAK 26038.15092
LBP 103345.188913
LKR 384.699975
LRD 209.470736
LSL 18.617258
LTL 3.408214
LVL 0.698197
LYD 7.350866
MAD 10.689845
MDL 20.03381
MGA 4969.067194
MKD 61.550595
MMK 2423.258953
MNT 4152.238993
MOP 9.328081
MRU 46.246829
MUR 54.376826
MVR 17.833581
MWK 2001.180156
MXN 19.655347
MYR 4.712943
MZN 73.767938
NAD 18.617258
NGN 1572.926734
NIO 42.467476
NOK 10.950596
NPR 176.140668
NZD 1.967052
OMR 0.443813
PAB 1.15408
PEN 3.893337
PGK 5.081604
PHP 70.829129
PKR 320.623159
PLN 4.310063
PYG 6887.68515
QAR 4.205531
RON 5.24193
RSD 117.312742
RUB 95.891022
RWF 1695.600571
SAR 4.332992
SBD 9.290117
SCR 16.055921
SDG 693.125335
SEK 11.018922
SGD 1.47706
SHP 0.855148
SLE 28.27378
SLL 24204.148994
SOS 659.652558
SRD 43.541383
STD 23890.747737
STN 24.729913
SVC 10.097937
SYP 15007.623193
SZL 18.62226
THB 38.297993
TJS 10.663919
TMT 4.051435
TND 3.387754
TOP 2.779169
TRY 55.271156
TTD 7.826051
TWD 36.922264
TZS 3053.898964
UAH 51.587211
UGX 4284.781778
USD 1.154255
UYU 46.24003
UZS 13793.347202
VES 888.902265
VND 30126.632209
VUV 136.908487
WST 3.155336
XAF 656.212823
XAG 0.017991
XAU 0.000266
XCD 3.119432
XCG 2.079911
XDR 0.816118
XOF 656.195446
XPF 119.331742
YER 273.791514
ZAR 18.689183
ZMK 10389.687771
ZMW 21.696834
ZWL 371.669634
  • RBGPF

    -0.8200

    71.34

    -1.15%

  • CMSC

    0.0250

    21.475

    +0.12%

  • CMSD

    0.0000

    21.59

    0%

  • BCC

    -0.1200

    84.13

    -0.14%

  • BCE

    0.1900

    23.32

    +0.81%

  • RIO

    -3.0200

    98.2

    -3.08%

  • RYCEF

    -0.3900

    20.71

    -1.88%

  • JRI

    -0.0300

    12.68

    -0.24%

  • NGG

    0.5200

    81.2

    +0.64%

  • GSK

    0.1500

    50.45

    +0.3%

  • RELX

    0.1200

    34.67

    +0.35%

  • BTI

    1.5100

    57.35

    +2.63%

  • AZN

    -1.2600

    157.24

    -0.8%

  • BP

    -0.1000

    42.83

    -0.23%

  • VOD

    0.1300

    16.22

    +0.8%

Ski prices rise but skiers keep coming, for now
Ski prices rise but skiers keep coming, for now / Photo: Joe Klamar - AFP

Ski prices rise but skiers keep coming, for now

In the heart of the Austrian Alps, workers at the world's leading ski maker churn out pair after pair for international clients who are undeterred by the sport's snowballing costs.

Text size:

Atomic -- which raised prices by five percent compared to last year -- made record sales of 277 million euros ($303 million) in 2022 and is on course to surpass that figure this year.

Austrian ski lift operators have also hiked prices this year, in line with other resorts throughout the Alps.

But skiers keep coming, for now.

"Now they want to have the best products, they want to have the best skis, the best boots, everything best," Atomic CEO Wolfgang Mayrhofer told AFP in an interview.

Atomic -- a subsidiary of Finnish firm Amer Sports, which was bought by a Chinese consortium -- employs some 1,000 people and produces 550,000 pairs of skis per year.

It produces skis in a factory in the small town of Altenmarkt, near Salzburg, and another one in southern Bulgaria.

A pair of Atomic skis costs anywhere between several hundred to several thousand euros.

The company has profited from an "outdoor sports boom" in recent years, as well as growth in the sale of helmets and other protective gear, Mayrhofer said.

Atomic's clientele includes people with second homes in the Alps who drive around in "huge SUVs", as well as tourists flying in from abroad and renting skis, he said.

- Pricier passes -

It's not just skis that have become more expensive.

On the mountains around Altenmarkt, downhill skiers are paying up to 8.5 percent more for their lift passes this season, said Christoph Eisinger, managing director of Ski Amade, as resorts pass on high energy and other costs.

A record 58,000 season passes have already been sold for the area, up from 54,000 last year.

A season pass costs 770 euros per adult in pre-sales.

On the slopes, skiers told AFP they were feeling the pinch but wanted to keep enjoying their hobby.

"I would rather save elsewhere because skiing is really our sport," German holidaymaker Andrea Mentges, 42, said as she put on her skis outside the cable car station on the 1,906-metre (6,253-foot) Planai mountain.

- 'Last chance tourism' -

Costs are expected to rise further as climate change means greater reliance on expensive man-made snow while low-lying ski areas get squeezed out, said Oliver Fritz, senior economist at the Austrian Institute of Economic Research (WIFO).

Fritz said "last chance tourism" may be fuelling demand.

"Maybe not consciously, but unconsciously, people are already aware that skiing is extremely endangered by climate change and that they should take advantage of the opportunity now," he told AFP.

A study conducted by market researcher Manova, which interviewed some 3,000 respondents online in Austria, Germany and Switzerland in September, found that financial reasons and a lack of snow were the top two reasons people skied less or not at all last year.

Half of the world's ski resorts are in Europe, where they generate about $30 billion per year in revenue and play a key role in sustaining local economies.

At current rates of greenhouse gas emissions, 90 percent of Europe's ski resorts will eventually face critical shortages of natural snow, researchers reported in the journal Nature Climate Change in August.

One of Europe's largest ski areas, Ski Amade's 25 resorts in western Austria can cover 90 percent of slopes with artificial snow as long as temperatures are near freezing levels, helping it survive ever warmer winters due to climate change.

"We are constantly improving our snowmaking systems," Eisinger told AFP, adding he was "very confident to be able to ensure very good ski operations" in the next 20 to 30 years.

H.El-Din--DT