The franc has risen this year to all-time highs against major currencies like the dollar and euro, making a country already known for its high costs even more expensive. Why will you still come to Switzerland to go skiing despite the poor exchange rate, or what is better in the country where you are going besides lower prices?
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Swiss ski resorts less sexy for Europeans
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Although the British invented the sport of skiing in Switzerland, they are now expected to desert Swiss resorts in favour of cheaper countries. A recent survey by the British post office found Switzerland to be the most expensive place to ski. The British media were quick to jump on the statistics, warning readers to “avoid…
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That is one of the findings from the Tourism Monitor Switzerland, a survey of tourists from 110 countries published on Friday by the national tourist office. More than 47 per cent of the 9,000 tourists who took part in the survey in 2010, when the franc had gained strength against other major currencies including the…
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swissinfo.ch visited Switzerland’s most popular mountain resort, which relies exclusively on tourism, to find out how it was coping with the strong Swiss franc. Bruno waits in the doorway of the Monte Rosa Hotel. Despite the hustle and bustle in the street, his dozen tables are almost empty. “It’s a bit quieter than usual,” the…
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Scandinavian countries have recently joined nations as diverse as Japan, Brazil, Australia and Canada on currency watch as exporters weigh up the potential consequences of soaring prices for their goods. The Swiss National Bank (SNB) tried in vain to haul back the inflating franc by buying massive sums of euros and cutting interest rates to…
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The strong franc has created a new kind of tourist: the Swiss euro bargain hunter. More and more people journey across the border to buy everyday goods at considerably lower prices. (SF/swissinfo.ch)
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