Who's going skiing and where - 2021 #postcrisis
Discussion
PurpleTurtle said:
Presumably there are GDPR implications in that it is extremely dodgy if a phoenix company were to just start mailshotting 'old' customers from that new entity in, say, 12 months time?
Honestly, who will be worried about GDPR in this situation? And regardless, it is likely they will just "buy" the database from the administrators.The_Doc said:
I'll bet VIP were leveraged to hell, they seemed to grow at a crazy rate, like a BTL empire.
Anyhow sad, we often let our accom to their seasonnaires
The whole domino setup is coming down
If you’ve been left exposed then get in touch as we’re still getting enquiries from the whole range of possible tenants (seasonaires looking for the cheap end through to high net worth individuals looking for “places for the weekend”Anyhow sad, we often let our accom to their seasonnaires
The whole domino setup is coming down
dazmanultra said:
The director(s) will buy the assets they want back off the administrator with none of the liabilities. Any creditors owed money will get a few pennies in the pound.
Would that not make it difficult to relet the same properties from their owners if you have stiffed them for last year's rent?EddieSteadyGo said:
I've not looked in detail, but looking at their main company accounts they don't own the properties.
I suspect they looked at the contracts they had with the property owners, and couldn't see an easy way to get out of paying several million in lease costs for this coming season. Particularly when they would be likely to make very little of the £14m revenue they would have normally generated.
I suspect we will see this company return like a phoenix with the same website, customer contact list etc once they have been able to renege on their contractual agreements.
https://companycheck.co.uk/company/02842310/APS-SE...
It's a difficult one, I suppose they were obliged to fulfill the contracts on the chalets knowing that there was a significant change of significantly reduced revenue or zero revenue. Customers will hopefully get their money refunded by credit cards and ATOL. I suspect they looked at the contracts they had with the property owners, and couldn't see an easy way to get out of paying several million in lease costs for this coming season. Particularly when they would be likely to make very little of the £14m revenue they would have normally generated.
I suspect we will see this company return like a phoenix with the same website, customer contact list etc once they have been able to renege on their contractual agreements.
https://companycheck.co.uk/company/02842310/APS-SE...
Just a shame for all those who are affected ... I have friends with business and properties in the Alps who are going to have a tough time ahead.
Amateurish said:
Would that not make it difficult to relet the same properties from their owners if you have stiffed them for last year's rent?
Business is business though.If most of their places are new, I would imagine many of the property owners have bought as an investment - and the reason this company doesn't want to pay them any rent this year will be exactly the same issue faced by everyone else.
Next year they will need to find another company who wants the property. And sometimes it can be better the devil you know.
So my guess is that the company would try and resign a proportion of the locations which performed the best. And perhaps offer a better price and possibly payment upfront in order to assuage the owners.
Amateurish said:
dazmanultra said:
The director(s) will buy the assets they want back off the administrator with none of the liabilities. Any creditors owed money will get a few pennies in the pound.
Would that not make it difficult to relet the same properties from their owners if you have stiffed them for last year's rent?If you own those ski chalets you can't just up sticks and move them somewhere else. You need to let them out when things return to normal. Who better than someone with whom you have a previously good relationship, 30yrs in the business, who can hit the ground running, but was forced out of business for reasons totally outside of their control? I guess savvy chalet owners will take a long-term view and recoup this seasons losses by bumping up prices over the next few years, once things are back to normal. That's what I'd do.
JEA1K said:
It's a difficult one, I suppose they were obliged to fulfill the contracts on the chalets knowing that there was a significant change of significantly reduced revenue or zero revenue. Customers will hopefully get their money refunded by credit cards and ATOL.
Just a shame for all those who are affected ... I have friends with business and properties in the Alps who are going to have a tough time ahead.
Yes, it is very difficult. Just a shame for all those who are affected ... I have friends with business and properties in the Alps who are going to have a tough time ahead.
I can completely understand their predicament - I do wonder considering the scale of the risk they were taking whether they could have purchased business interruption insurance - my mum has a UK holiday lettings business and she was able to use that to ensure her lost revenue was protected when the government closed that part of her business during the first lockdown.
In a way, it is also why companies are "limited" in terms of their liabilities, so there is a "firebreak" on the losses.
PurpleTurtle said:
Amateurish said:
dazmanultra said:
The director(s) will buy the assets they want back off the administrator with none of the liabilities. Any creditors owed money will get a few pennies in the pound.
Would that not make it difficult to relet the same properties from their owners if you have stiffed them for last year's rent?If you own those ski chalets you can't just up sticks and move them somewhere else. You need to let them out when things return to normal. Who better than someone with whom you have a previously good relationship, 30yrs in the business, who can hit the ground running, but was forced out of business for reasons totally outside of their control? I guess savvy chalet owners will take a long-term view and recoup this seasons losses by bumping up prices over the next few years, once things are back to normal. That's what I'd do.
2.4M staff costs in 2018
timlongs said:
The_Doc said:
S100HP said:
S100HP said:
https://planetski.eu/2020/11/10/four-uk-tour-opera...
FOUR UK TOUR OPERATORS CANCEL ALL SKI HOLIDAYS IN DECEMBER
No comment at all on this?!FOUR UK TOUR OPERATORS CANCEL ALL SKI HOLIDAYS IN DECEMBER
Morzine and the rest of the PDS announced yesterday they would open on Dec 19th.
Edited by The_Doc on Friday 13th November 07:16
I live and own a business in the French Alps and this is what I am expecting.
https://planetski.eu/2020/11/18/major-uk-ski-opera...
S100HP said:
timlongs said:
The_Doc said:
S100HP said:
S100HP said:
https://planetski.eu/2020/11/10/four-uk-tour-opera...
FOUR UK TOUR OPERATORS CANCEL ALL SKI HOLIDAYS IN DECEMBER
No comment at all on this?!FOUR UK TOUR OPERATORS CANCEL ALL SKI HOLIDAYS IN DECEMBER
Morzine and the rest of the PDS announced yesterday they would open on Dec 19th.
Edited by The_Doc on Friday 13th November 07:16
I live and own a business in the French Alps and this is what I am expecting.
https://planetski.eu/2020/11/18/major-uk-ski-opera...
eps said:
S100HP said:
timlongs said:
The_Doc said:
S100HP said:
S100HP said:
https://planetski.eu/2020/11/10/four-uk-tour-opera...
FOUR UK TOUR OPERATORS CANCEL ALL SKI HOLIDAYS IN DECEMBER
No comment at all on this?!FOUR UK TOUR OPERATORS CANCEL ALL SKI HOLIDAYS IN DECEMBER
Morzine and the rest of the PDS announced yesterday they would open on Dec 19th.
Edited by The_Doc on Friday 13th November 07:16
I live and own a business in the French Alps and this is what I am expecting.
https://planetski.eu/2020/11/18/major-uk-ski-opera...
smifffymoto said:
There are mutterings in France that bars and restaurants won’t be open again until January at the earliest.
https://www.francetvinfo.fr/sante/maladie/coronavirus/confinement/covid-19-pas-de-reouverturedes-cafes-bars-et-restaurants-avant-la-fin-de-l-annee-2020_4183927.htmlReported on France Info.
PurpleTurtle said:
I think the unique circumstances with Covid is that VIP Ski is not a 'bad' business before all this...
I don't know if they were a good or bad business but I do know they were a bloody expensive one! They had a chalet next to the S-M station in Morzine which looked "quite nice" but hardly "amazing" compared to the places I've used. Checked the prices and I think a week bed/board was more than I was paying for bed, board, flights, transfers, lift pass, lunches, drinking out, food at Geneva airport on the way home, taxis/trains back in the UK combined - and still be £££ short.A small update from St. Moritz. I suspect most of this applies to other Swiss resorts, though if there are special cantonal measures they would of course over-ride this.
Skiing here on the main slopes opens in 9 days time (28 November). That being said Corviglia is looking pretty brown at the moment with just the slopes needed for the Women's World Cup races looking likely to open (at least what I can see from the valley). Corvatsch which is in the shade is probably in good form. We've had a lot of snow in late October but we've also had very sunny days so there is snow in the shade but it's melted in the sun. There's a bit of snow coming tomorrow but the forecast for the next week looks like sun, sun and more sun.
Swiss ski railways are part of the Swiss Public transport system so their regulations apply. You'll need to wear a mask but because the journeys are under 15 mins typically there won't be special restrictions on capacity. Most resorts will put on extra trains / cable cars where possible to reduce crowds.
Bars and restaurants close at 11:00pm. You have to be seated and the maximum table size is 4. The distancing rules mean that some facilities might be closed if they can't meet the distance regulations. I have spoken to a few friends who own hotels and they are saying they're likely to be prioritising those staying at the hotel for restaurants.
Spas, pools etc are all open but with distance rules and generally you have to wear a mask in areas where it's possible.
Specifically here, given the Polo, Cricket and Horse Racing have been cancelled the village is putting on more events on the frozen lake. In addition to the 400m speed-skating track that will be used for the national championship they're building a 1km ice-skating loop. There will be a cross-country skiing route and there is even suggestion that you'll be able to learn 'skijoring', a local sport where a skier is pulled on a rope by a horse. They're building curling rinks and there will be a winter village on the ice with deck-chairs, food stands etc. As I'm massively allergic to horses, and only slightly less allergic to some of the guests we get at that time who think they own the place, I'm looking forward to all of this. St. Moritz is an excellent choice if you have people in your party who don't ski. A friend, the general manager of one of the big 5 star hotels here says that in the winter only about 30% of his guests ski.
If you're thinking of coming out here it might be worth timing your trip to coincide with the ICE concours. This is a really special event with some amazing cars on show. The owners get a chance to drive around a course on the lake so you'll enjoy the site of multi-million pound old cars going very sideways. https://theicestmoritz.ch/
Finally for those of you wanting to experience the ultimate winter-sporting rush the Cresta Run will open a couple of weeks later than normal on 29 December but given the UK forces can't come out for their annual races, and that those riders coming from outside Europe will probably stay away, this coming year is probably a really good opportunity to come, join a beginners school and get some riding in.
Information on how to ride is on the club's website (https://www.cresta-run.com/home/). The video on the homepage is a good overview of riding, the run and the club. Beware though, Cresta riding can be hugely addictive so your skiing time might suffer (I get very little skiing in until the run closes at the end of Feb).
Skiing here on the main slopes opens in 9 days time (28 November). That being said Corviglia is looking pretty brown at the moment with just the slopes needed for the Women's World Cup races looking likely to open (at least what I can see from the valley). Corvatsch which is in the shade is probably in good form. We've had a lot of snow in late October but we've also had very sunny days so there is snow in the shade but it's melted in the sun. There's a bit of snow coming tomorrow but the forecast for the next week looks like sun, sun and more sun.
Swiss ski railways are part of the Swiss Public transport system so their regulations apply. You'll need to wear a mask but because the journeys are under 15 mins typically there won't be special restrictions on capacity. Most resorts will put on extra trains / cable cars where possible to reduce crowds.
Bars and restaurants close at 11:00pm. You have to be seated and the maximum table size is 4. The distancing rules mean that some facilities might be closed if they can't meet the distance regulations. I have spoken to a few friends who own hotels and they are saying they're likely to be prioritising those staying at the hotel for restaurants.
Spas, pools etc are all open but with distance rules and generally you have to wear a mask in areas where it's possible.
Specifically here, given the Polo, Cricket and Horse Racing have been cancelled the village is putting on more events on the frozen lake. In addition to the 400m speed-skating track that will be used for the national championship they're building a 1km ice-skating loop. There will be a cross-country skiing route and there is even suggestion that you'll be able to learn 'skijoring', a local sport where a skier is pulled on a rope by a horse. They're building curling rinks and there will be a winter village on the ice with deck-chairs, food stands etc. As I'm massively allergic to horses, and only slightly less allergic to some of the guests we get at that time who think they own the place, I'm looking forward to all of this. St. Moritz is an excellent choice if you have people in your party who don't ski. A friend, the general manager of one of the big 5 star hotels here says that in the winter only about 30% of his guests ski.
If you're thinking of coming out here it might be worth timing your trip to coincide with the ICE concours. This is a really special event with some amazing cars on show. The owners get a chance to drive around a course on the lake so you'll enjoy the site of multi-million pound old cars going very sideways. https://theicestmoritz.ch/
Finally for those of you wanting to experience the ultimate winter-sporting rush the Cresta Run will open a couple of weeks later than normal on 29 December but given the UK forces can't come out for their annual races, and that those riders coming from outside Europe will probably stay away, this coming year is probably a really good opportunity to come, join a beginners school and get some riding in.
Information on how to ride is on the club's website (https://www.cresta-run.com/home/). The video on the homepage is a good overview of riding, the run and the club. Beware though, Cresta riding can be hugely addictive so your skiing time might suffer (I get very little skiing in until the run closes at the end of Feb).
chandrew said:
Finally for those of you wanting to experience the ultimate winter-sporting rush the Cresta Run will open a couple of weeks later than normal on 29 December .....
This did raise a smile! Did the 'Rona do for PurpleTurtle then?
Nah, the silly fool had a crack at the Cresta Run in lieu of skiing and broke his neck!
Joking apart it is something I would love to try/would be equally terrified of. I've done the guided bob raft at La Plagne and that was fast enough for me!
Gassing Station | Holidays & Travel | Top of Page | What's New | My Stuff