How are Europe’s ski resorts facing up to snow shortages?
Anna Ward speaks to Kate Everett-Allen, head of global residential research, and Knight Frank's international residential partner Alex Koch de Gooreynd about the impact of climate change on Alpine property markets.
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In our latest Ski Property Report, a third of respondents to our sentiment survey said the long-term resilience of a ski resort is very important to them and influences their decision on where to buy.
In this episode of Intelligence Talks, we look at the impact of climate change on Alpine property markets. Anna speaks to Kate Everett-Allen, head of global residential research at Knight Frank, and international residential partner Alex Koch de Gooreynd.
They discuss how ski resorts are innovating to respond to snow shortages as well as driving more tourism through a broader range of year-round activities.
They also share which resorts are likely to be the most resilient in the long-term, drawing on key findings in the report which includes analysis of ski areas over 2,000 metres with north-facing slopes across key French and Swiss resorts.
Kate talks about the hot topic of the moment regarding the future of the market – energy efficiency. The sentiment survey, gathering the views from around 320 of Knight Frank clients, showed that people are interested in energy efficiency of properties in these ski resorts, but less so in paying a premium for them.
Alex discusses the shift in popularity towards mid-level resorts as people look for all year round locations, this comes as access to amenities becomes a priority over the ski slopes for the first time in the sentiment survey.
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