The Ski report – Winter 2024/25

Compare global ski resorts and their residential property markets and pricing, and see how Courchevel and Méribel perform for resilience, seasonality, entertainment, and cultural offerings in addition to new infrastructure and the trends likely to shape the future of the French Alps.

Welcome to the 19th edition of the Savills annual ski report, which examine the key trends across the global residential ski destinations including Courchevel and Méribel.

Market overview.

Ski tourism has largely returned to normal, more than four years after the upheaval caused by Covid-19. The 2022-2023 winter season recorded more than 370 million skier days internationally.

Skiing continues to play a vital role in many mountain economies worldwide and visitors to these destinations provide significant economic benefit. Mindful of the climate challenges, the winter sports industry is striving to adopt a sustainable four-season approach where possible. Resorts around the world continue to invest heavily in infrastructure, from new lifts to snow machines, in an effort to support both their sustainability goals and the ever-increasing numbers of skiers globally.

The Three valleys has added a range of new infrastructure and additions for the 2024/25 season to ensure there is something for everyone. Courchevel has introduced the new Saulire cable car in addition to new slopes idea for young skiers, plus a covered gallery in Méribel, ensuring comfort and protection whatever the weather.

The Savills Ski prime and ultra prime price index.

In the face of heightened economic uncertainty, global prime residential property markets have proved remarkably resilient. The ski market is no exception to this. While price growth in ski markets has slowed from its record pace in the immediate wake of the pandemic, average prime residential ski property prices increased by 3.8% over the course of the past year.

Courchevel 1850 is the second-most expensive location in the Savills Prime Price League, with average asking prices of €47,200 per square metre, while Méribel sits at 8th place, with average asking prices of €36,300 per square metre.

Both Courchevel and Méribel also hold steady presence in the Savills Après-ski index, highlighting the range of amenities, entertainment and social options on offering in their range of resorts, just some of the reasons the French Alps are as sought-after.

The evolution of year-round destinations.

Alpine resorts are constantly evolving with many now offering a range of spring and summer activities in addition to the draw of the winter slopes. Méribel has led this trend and showcases an exceptional range of pursuits and pastimes to accommodate visitors’ year round and is truly a resort for all season. An excellent advantage for buyers looking to maximise their property investment via rental or greater use.

Download your copy of the 2024/25 Savills ski research here or contact us to discuss your property project.