You are here: Home - Money Tips -

Planning to hit the ski slopes? Here are the best value destinations

Written by: Paloma Kubiak
Bulgaria remains the best value ski destination for families hitting the slopes this February half-term, despite increasing in cost over the past year.

Research from M&S Bank reveals that a week’s holiday for a family of four to Bulgaria will cost £2,992 or £748 per person – a third less than the price of the most expensive ski destination (Vail, US).

The total cost of a ski holiday to Bansko resort in Bulgaria has risen by nearly 4% from £2,880 in 2015 – owing largely to higher flight costs. However, Bansko experienced the lowest average levels of snow on upper slopes (73cm) compared with other destinations.

Italy takes the second spot with Central Piedmont costing a family of four £4,500; 50% more than Bulgaria. This is despite an increase of £356, or nearly 9% on last year. But, Italy offers good skiing conditions as there was an average of 176cm of snow on the upper slopes – the best of all the destinations analysed by M&S Bank.

Vail in the US is the most expensive destination, costing a family of four £9,924 or £2,481 per person. Long haul flights to this destination cost as much as £2,288 per family. Grindelwald in Switzerland is the second most expensive destination, costing a total of £5,680.

Despite the US and Switzerland ranking as the two most expensive destinations, the cost of booking holidays there has actually fallen over the past year; 10.1% and 8.9% less respectively.

Cost of ski passes and equipment hire

In addition to flights and accommodation, the cost of equipment hire and ski passes can have a significant impact on the total cost of a ski holiday, says M&S.

Italy offers the most affordable ski passes and equipment rental for the second year running, costing £591 in total for a family of four, while Bulgaria is the second most affordable (£673). This compares with £2,464 in Vail, US, which is the most expensive.

However, across all five destinations, the cost of ski passes and equipment hire has fallen by an average of 5.3% since 2015.

Paul Stokes, head of products at M&S Bank, said: “Families can achieve substantial savings by considering some of the less traditional ski destinations, as well as buying ski passes and booking equipment hire online before they arrive. In addition, looking at local costs and exchange rates can help ensure they get the most from their travel money this half-term.”

Top travel money tips:

  • Try to be flexible and opt for a weekday or night time flight, which could prove cheaper
  • Use a comparison site to compare the price of flights and accommodation before booking
  • Always budget for your holiday – factor in travel money for snacking, taxis, tipping and other costs
  • Transfer costs from the airport to your destination can vary so research in advance
  • Don’t leave your holiday money until the last minute; airport bureaux often offer less competitive rates and may not have a wide variety of note denominations
  • Always take both travel money and a credit/debit cards to ensure you have multiple methods of payment.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Barclaycard holders to have interest rate linked to base rate

Millions of Barclaycard customers will have their interest rate linked to the Bank of England base rate from Monday.