DOCSLIB.ORG

FRENCH ALPS PROPERTY REPORT 2018 Contents a BOOMING FRENCH a Booming French Property Market Brings Energy to the Alps 3

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
FRENCH ALPS PROPERTY REPORT 2018 Contents a BOOMING FRENCH a Booming French Property Market Brings Energy to the Alps 3 FRENCH ALPS PROPERTY REPORT 2018 Contents A BOOMING FRENCH A booming French property market brings energy to the Alps 3 It’s an exciting time to buy a mountain home 4 PROPERTY MARKET There’s more to the mountains than snow 6 BRINGS ENERGY Terrésens: the only way is up 8 With you every step of the way 10 TO THE ALPS Nexalia: laying the foundations for a lifetime of holidays 12 The French property market is booming. The 12 months to the end Future perfect: why Arc 1950 is so popular with investors 14 of October 2017 saw a record number of sales of existing properties: 958,000, up from 564,000 in the depths of the Credit Crunch. Buoyed Halo Financial: get more of the Alps for your money 16 by a sense of national revival under Emmanuel Macron, and a strong A place in the sun 18 Eurozone economy, it looks set to prosper for some time to come. Not surprisingly, the market for Alpine property in France has benefited too. We don’t have to look far for the reasons. France is home to many of the world’s most famous mountain resorts, and its largest and most exciting ski areas. With a long winter season (lasting 22 weeks in some resorts), and a buzzing summer scene in July and August, it offers investors significant rental returns - as well as the chance to lead a healthier, more active life. For many, the prospect of escaping into this beautiful and inspiring environment is just as important as opening up a new revenue stream. But it’s not just the French who are beating a path to the Alps. Here at Erna Low Property we’ve seen strong demand from both British and international buyers, and we’re ideally placed to help them. We’re a French estate agency, with offices in both London and the French Alps, and we offer not only an insider’s view of the French property market, but also the best new offers from property developers. There are many ways to purchase a property in the French Alps, and we can guide savvy investors to the right solutions, aided by a network of hand-picked associates. It’s a seamless service, from the first enquiry to the signing of the final deeds of sale, and beyond. We’re here to help whenever you need us. François Marchand, Director Photo: © Romany Rybaleov/shutterstock.com www.ernalowproperty.com 3 IT’S AN EXCITING TIME TO New resort investment Chamonix €477m 40-year upgrade of lifts and pistes (ongoing) BUY A MOUNTAIN HOME La Plagne €455m Redevelopment of lift system and Aime 2000 resort New investment, ground-breaking technology, and changing tastes are Val d’Isère €200m re-energising the French Alps. Redevelopment of Coin de Val district Megève €100m New hotels, lifts and snow-making systems Les Deux Alpes – Alpe d’Huez €60m Possible project to link the two resorts by gondola Samoëns €25m New lifts and pistes t’s an exciting time to buy property in the French Alps. Resorts are investing heavily in new infrastructure, just as the ski industry - and mountain sports in general - are going Rock-bottom mortgages and a Ithrough a period of change and renewal. The resurgent French property market market for apartments and chalets is in good health too, fed by rock-bottom mortgage rates Repayments €100,000 and a resurgent Eurozone economy. on a 15 year will spend €12m boosting its snowmaking fixed-rate €80,000 €92,700 The sums being invested in mountain capacity before 2024m. Meanwhile, new MTB mortgage resorts are sometimes staggering. In 2017, parks, trail-running networks, yoga festivals of €240,000 €60,000 €66,455 for example, Val d’Isère announced a €200m and e-biking facilities provide for a growing €40,000 redevelopment of Le Coin de Val - a large slice number of summer visitors. In fact, some Total interest to repay of the village centre, that’ll house new shops resorts now see a brighter future as a summer €20,000 €35,201 and restaurants, apartments, hotels and a bus destination than a winter one. apartment complexes have been launched Luxurious La Plagne station. Meanwhile, south of Grenoble, Les across the Alps, while in existing high-quality Gojda/shutterstock.com © Lukas Photo: apartments Monthly repayments €2,000 Deux Alpes and Alpe d’Huez are developing The net effect has been to make the developments such as Arc 1950, the resale FOR SALE Set at an altitude of 2,050m in Plagne (3.75%) (2.75%) (1.5%) plans for a spectacular €60m gondola, linking mountains more exciting than ever. In winter, market is in good health. No doubt, the rock- €1,000 Soleil, the recently-launched White €2,181 €2,035 €1,862 improving infrastructure bottom interest charged on fixed-rate Euro Pearl development offers a high-end, €0 is combining with new mortgages is helping to drive demand. So too It’s an exciting time to buy property in the snowsure base in the heart of La 2011 2014 2018 equipment, and a new is a resurgent French property market. In the Plagne’s vast ski area. The 81 ski-in, Source: Erna Low Property French Alps. Resorts are investing heavily in wave of wearable tech - 12 months to the end of October 2017, the ski-out apartments have their own Ô such as the CARV digital Notaires de France registered a record number des Cimes spa, and will be the resort’s new infrastructure, just as the ski industry Rise in average 18.0% ski instructor - to make us of sales of existing properties: 958,000, up from first-ever five-star residence. They’re a house prices in Savoie 16.0% fitting symbol of the new, modernising - and mountain sports in general - are going all better, happier skiers. 564,000 in the depths of the credit crunch in 16.4% 14.0% At the same time, the idea 2009. With the Eurozone economy so buoyant, spirit in La Plagne, which has recently through a period of change and renewal. 12.0% of what a winter holiday it’s a trend that’s likely to continue. announced €455m of new investment the two resorts across the deep chasm of the can be is expanding. Music fans are being on lifts, villages and infrastructure. The 10.0% 2-5 bedroom apartments are priced from Romanche valley. And in La Plagne, a total of drawn into the mountains by a growing range Here at Erna Low Property we’ve seen plenty 8.0% €325,000-€690,000, off-plan. €455m will be spent on ski area upgrades and of rock concerts (the latest is Chamonix’s April of interest from English-speaking buyers, with 6.0% the expansion of Aime 2000. event, Musilac), whilst ski tourers are walking both enquiries and sales recovering sharply in 4.0% 5.4% the second half of 2017. We’ve seen a rise in up their Alps, as well as skiing back down. 2.0% In part, this wave of investment is being driven overall spend too. The average purchase price 0.0% by a race to the top. These days, resorts are In summer the mushrooming growth of is up from €339,500 in the two years before the 2012-17 3 months to 1 November 2017 competing for A-list status with fast lifts, sports such as mountain biking has been Brexit referendum, to €439,000 between June Source: barometre.immobilier.notaires.fr eye-catching accommodation, and state- accompanied by interest in the Alps as a family 2016 and December 2017. of-the-art swimming pools. But it’s also an destination - a place where children can grow Total number 1,000,000 Buyers do need to be aware of a growing of sales of acknowledgement that changing tastes – and and prosper, away from social media and 900,000 existing 958,000 a changing climate - are reshaping what it video gaming. As a result, the most progressive differentiation between lower and higher- altitude resorts. Up high, the focus is firmly on properties in 800,000 means to be a mountain resort. resorts are now almost as busy in July and France over skiing. Lower down, summer is as important 700,000 August as they are during the ski season. the previous To be successful in the modern era, ski areas as winter. But whichever style of resort they 12 months 600,000 652,000 need powerful snowmaking systems to It’s no wonder then that demand for a second choose, they can be sure of one thing: if they 500,000 564,000 supplement what Mother Nature can provide, home in this inspiring and invigorating love the mountains, few property investments and right across region the snow cannons environment is on the rise. Over the past could ever have such a richly-rewarding are multiplying. La Plagne, for example, four years, an impressive range of new impact on their lives. 0 Aug 2009 Feb 2013 Oct 2017 Source: Notaires de France 4 Erna Low Property | French Alps Property Report www.ernalowproperty.com 5 THERE’S MORE TO THE MOUNTAINS THAN SNOW Many buyers are looking for a healthy, active environment in which to nurture their families - and summer is just as important as winter when they consider a mountain home. Mountain biking, Les Saisies. Photo: © Monica Dalmasso FOR SALE The best of both seasons in Les Saisies The new apartments in the Chalets des Cimes are perfectly- placed for both summer and winter - as they back onto an area of MTB trails and pistes.
Load more

Recommended publications
  • Last Year's Heavy Snow Has Reignited Buyers' Interest in Ski Resorts, Says
    Client: APS Select Yellow News Source: The Times Date: 07/12/2018 Page: 12 Reach: 450064 Value: 29504.64 Snowball effect: Brits return to the Alps Last year’s heavy snow has reignited buyers’ interest in ski resorts, says Ben Clatworthy now is falling on the led to a surge in inquiries about being hit by the double whammy of the mountains of Europe and properties for sale in the past 12 months, financial crash in 2008, and the election the US, and resorts are according to estate agents. in 2012 of François Hollande, who raised firing up their lifts as the ski Prime property prices remain strong taxes for high earners. season gets under way. The in Alpine resorts, with notable growth In Les Gets, a pretty resort linked arrival of winter has been in France, according to Knight Frank’s to the Portes du Soleil ski area and Skeenly anticipated after last annual ski index, which monitors the close to Geneva, the Residence Stella year’s record-breaking prices of a four-bedroom chalet in development is close to the lifts and snowfalls, which broke a run of three 16 French and Swiss resorts. Val d’Isère comprises 63 one to five-bedroom flats, disastrous seasons that put the brakes on tops the French chart with 3 per cent starting at €479,000 (£427,000) through buyer interest and damaged consumer price growth in the past year, followed Erna Low Property, although they are sentiment. Fears also linger over a messy by Chamonix (2.3 per cent) and not due to complete until 2020.
    [Show full text]
  • Writing About Rail Travel to European Ski Resorts
    SKI: ITALY || 7 11.01.09 | ESCAPE BY TRAIN BY PLANE Daniel Elkan relaxes on the TGV to Oulx station near Sauze, while Grant caught an early fl ight. Main photograph by Francesco Falcone The great race to the Alps It’s more eco-friendly to take the train than fl y, but can it also be faster?Daniel Elkan challenges a friend to be fi rst to the piste in Italy n a long journey to the Alps fl ight. Meanwhile, I don’t have to leave He’s lucky – that’s exactly on time. for a restorative steak-frites and glass of delayed 25 minutes while the r several years ago, as my the house until 7.35am for the simple (Damn!) My journey is going equally rouge at the L’ Express Bleu caf e. lantly search for him. It finally leaves Oexhausted head rattled against journey across town to St Pancras. The smoothly – eight minutes later my 5.15 My TGV departs, full of people seven hours after Grant set out . At the window of a transfer Eurostar requires you to arrive only 30 Eurostar arrives at Paris Gare du Nord. reading, studying, tapping at laptops point my train is speeding towards mist- coach, it dawned on me that an alterna- minutes before departure and check-in I need to head across Paris to the Gare or playing cards, while toddlers scrawl covered Lac du Bourget . tive might exist. As the coach climbed and security takes me just 10 minutes. de Lyon from where my TGV departs.
    [Show full text]
  • How 'Contactless-Catered Chalets' Are the Ski World's Answer to Brexit and Covid
    3/9/2021 How 'contactless-catered chalets' are the ski world's answer to Brexit and Covid NEWS WEBSITE OF THE YEAR My Feed Coronavirus News Politics Sport Business Money Opinion Tech Life Style Travel C See all Travel How 'contactless-catered chalets' are the ski world's answer to Brexit and Covid Brexit and Covid-19 created the imperfect storm for British chalet operators in the Alps, as experts warn of dwindling availability By Abigail Butcher, TRAVEL WRITER 9 March 2021 • 2:29pm As tour operators report strong demand for ski holidays next season, the options for staying https://www.telegraph.co.uk/travel/ski/contactless-catered-chalets-ski-worlds-answer-brexit-covid/ 1/11 3/9/2021 How 'contactless-catered chalets' are the ski world's answer to Brexit and Covid in a catered ski chalet looks set to be limited, as companies grapple with restrictions imposed on them by Brexit and Covid-19. Catered chalets have long been hugely popular among British skiers, but with higher staffing costs and concern over how long the pandemic will last, the plethora on offer just a few years ago has dwindled. While specialist chalet operators are working around the issues to continue to offer catered and shared catered properties, prices will be increased by at least five per cent — but more options are also appearing on the table. Ski France, a leading French accommodation provider, has exploded onto the chalet market with a new ‘contactless catered’ programme across an estimated 60 or 70 chalets next season, a concept being mirrored elsewhere throughout the industry.
    [Show full text]
  • Celebrating 15 Years of SNOW-CAMP CHARITY
    2018/19 NATIONAL YOUTH CHARITY ANNUAL REVIEW Celebrating 15 Years of SNOW-CAMP CHARITY SNOW-CAMP.ORG.UK CONTENTS WE ARE SNOW-CAMP 03 WHO WE ARE Founded in 2003, Snow- people who are not in education, opportunities to learn a new sport, 04 WELCOME Camp are the UK’s only employment or training, those who work towards qualifications and find charity using a combination have been affected by knife and careers in the snowsports industry 06 WE LISTENED of snowsports, life-skills and gang crime, have behavioural and and beyond. It’s a unique form of vocational training to support emotional needs or have faced training, since the training provided 08 OUR PROGRAMMES inner-city young people. social inequality. can only be received by those who Everything we do is rooted in Each year, our young people share similar experiences. It’s a MEET TOMAS MAKARAS 14 the challenges of young people work with us to develop and model that works and one that we who are living in the most deprived deliver a training progamme that have worked to promote over the last 16 WORKING WITH THE EUROPEAN SOCIAL FUND areas of the UK. This includes young provides them with life changing 15 years. 18 APPRENTICESHIPS 22 YOUTH FORUM FIVE REASONS WE’RE HERE 24 THANK YOU 30 OUR EVENTS 34 FUNDRAISING SUCCESS PROVIDE 35 FINANCIAL OVERVIEW a safe environment CONNECT where young people young people from a 36 15 YEARS OF SNOW-CAMP range of ethnic backgrounds, can thrive, develop enabling them to build 37 GOALS FOR THE FUTURE and have fun.
    [Show full text]
  • Introduction Testimonies of Resistance Nicholas Chare and Dominic Williams R
    Introduction Testimonies of Resistance Nicholas Chare and Dominic Williams R As the late director Claude Lanzmann and his editor Ziva Postec began to put some shape on the hundreds of hours of footage that he had filmed for Shoah (dir. Claude Lanzmann, France, 1985), it became clear to them that the central space around which their film should circle was the gas chamber.1 It was also clear that they could not, and should not, represent this space pictorially. Instead, it had to be evoked by testimony, that of the people who had worked around and in the chambers: the Sonderkommando (SK), or their equivalents, in Auschwitz, Chełmno and Treblinka. Lanzmann was therefore making the claim that these survivors in particular were central to an understanding of the entire period of persecution and mass murder of the Jewish people in Europe. Lanzmann’s approach placed itself in opposition to what had gone before: accounts of survival and life in the concentration camps, the use of archive footage taken by perpetrators and liberators. His new approach was to concentrate on what the witnesses of the gas chambers said, paying them closer atten- tion than they had been paid before.2 The SK had indeed been a group that had been given less consideration than might be expected. They were forced to labour at the heart of one of the killing centres of the Holocaust. At Auschwitz in particular, they witnessed, as they worked, hundreds of thousands of fellow Jews from all over Europe being brought into the crematorium buildings of Birkenau, tricked or forced into undressing and entering the gas chambers.
    [Show full text]
  • Felix Issue 170, 1962
    rip i j v r IL. L I A, NEWSPAPER OF IMPERIAL COLLEGE UNION No. 176 FRIDAY, 18TH MAY, 1962. 4d. WORLD RECORD . HEAPE IN ACTION Broken in Beit Quad. CARNIVAL PROCESSION COLLECTS BARBECUE WASHED OUT £105 Unfortunately the Barbecue was washed out. There was some dismal dancing under The Carnival procession, winding its way the Marquis and most pepole adjourned to the through the astonished, bemused and gener- Week's Hall Bar, where from all accounts, ous inhabitants of Kensington, Fulham and queer happenings were witnessed. EGG. Chelsea, looked a cross between a Mardi Gras shenadigans and a Pyjama Party. Al- though it was competing for attention against SATURDAY AFTERNOON FETE the Cup Final, it collected over £105. 0 The previous evening, at 4 p.m. G.M.T. SAKE POPULAR AT I.C. a world record was atempted and broken at I.C. Mr. Heape swallowed two dozens eggs in the incredible time of 2 minutes and 11 The Carnival Week received a warm send sees. He had trained for the previous week off at the May Ball, but by Monday the tem- on a dozen eggs (large) at lunch-time. The po was positively vibrating; a fast, colourful, news was reported by the B.B.C. and made and exciting evening was put on by the over- the front page of the Guardian and the Ex- seas societies. The pace was set by H.E., the press. Ambassador of Tunisia (fulfilling his firtjt public appearance in England) briefly and fit- The Fete was poorly attended due to the tingly.
    [Show full text]
  • Ski Lifts Client Brochure Email
    Airport Transfers to Ski Resorts Client Brochure +44 (0) 20 8819 7950 | +33 (0) 481 680 864 | [email protected] www.ski-lifts.com austria bulgaria canada france germany italy slovenia spain switzerland united states | airport transfers Take all of the hassle out of airport transfer bookings. Work with Ski-Lifts as your trusted airport transfer partner. Airports covered by Ski-Lifts: Innsbruck Toulouse Venice Treviso Klagenfurt Marseille Verona Salzburg Nice Ljubljana Vienna Friedrichshafen Barcelona Plovdiv Memmingen Girona Sofia Munich Basel Calgary Cuneo Bern Edmonton Milan Malpensa Geneva Vancouver Milan Linate Sion Chambery Milan Bergamo St Gallen Altenrhein Grenoble Turin Zurich Lyon Venice Marco Polo Denver Ski-Lifts oer an unrivalled range of airport transfers to ski resorts throughout Europe and North America. The company started operating in 2003 providing airport transfers from Geneva Airport to Morzine, Avoriaz and Les Gets in its own fleet of minibuses. Since then, Ski-Lifts has seen considerable growth and now, via a trusted network of partners, oers airport transfers to ski resorts in 12 dierent countries, from nearly 40 dierent airports and transports over 60,000 passengers each year. Through a unique combination of our own operational experience of the industry and our close partnerships with ski transfer operators around the world, we have developed a thorough understanding of the market and the needs of our customers. This has enabled us to build an unbeatable product oering, built upon four fundamental principles: Reliability, Safety, Value for Money & Customer Satisfaction +44 (0) 20 8819 7950 | +33 (0) 481 680 864 | [email protected] www.ski-lifts.com our products | There is no ‘one size fits all’ rule for tourism and we know that the same applies to the transfer industry.
    [Show full text]
  • Get on the Slopes,Without the Ecoguilt
    COUNTRY:United kingdom SECTION :Features PAGE(S) :1;2;3 CIRCULATION :(555817) SURFACE :132 % AVE :87,73 K€ FREQUENCY :Daily AUTHOR :Liz Rowlinson 23 November 2019 Geton the slopes,without the ecoguilt CREDIT The Greta Thunberg effectis taking over and #flyshame is affecting sales.Liz Rowlinson searcheswhere to buyfor great skiing near train stations All rights reserved COUNTRY:United kingdom SECTION :Features PAGE(S) :1;2;3 CIRCULATION :(555817) SURFACE :132 % AVE :87,73 K€ FREQUENCY :Daily AUTHOR :Liz Rowlinson 23 November 2019 during winter you can take one of Eurostar’s dedicated “Ski Trains” direct to three stations: Moûtiers, Aime-la- Plagne and Bourg-St-Mau- rice, taking over seven-and-a-half hours. The closest ski resort to Bourg-St-Maurice is the modern purpose-built ski re- sort of Les Arcs. It’s low on traditional Savoyard charm but user-friendly, and is com- prised of four linked villages named after their altitude, all in the 264 miles of Paradiski ski area. Reached by aseven- minute funicular train from the station, it’s Elkan’s fa- aniel Elkan always vourite resort. “Taking the 9.45am train takes the train when and arriving at 7.03pm means an eight- he goes skiing every hour journey, which is sometimes not year to the French that much longer than flying,” he says. Alps. He relishes the Arc 1950 is very popular with fami- space to move lies because it is car-free, snow-sure around, while enjoy- and offers free activities each week, ing the scenery as plus the resort is a good investment as DEurostar carves through France.
    [Show full text]
  • Alpine Abode ]
    PROPERTY [ Alpine abode ] Step off the slippery slope and go for ski property, which can be a sound investment, says Dawn Gay ki properties in Alpine French have done it right by connecting Europe have moved a long rustic lower-lying villages to the high way from the purpose- altitude, purpose-built resorts,’ says built, chalet-style resorts Richard Deans, manager at French Alp that cater for die-hard construction company, MGM. skiers who spend little According to the developer, sales in Stime indoors. Luxury, eco-conscious high-end ski property have remained builds with spas and indoor swimming resilient during the global economic pools served by new, efficient ski lifts are crisis, so cashing in on a development the way forward for ski property investors may prove to be a clean run rather than who see them as a lifestyle choice as well a slippery slope. as a ski retreat. Francois Marchand, sales manager at Erna Low Property, explains that since the Investor behaviour recession, the French have emerged as Ski investors have always had strong top investors in their own ski properties. criteria when buying in the Alps. Access ‘The market remains very strong. The to modern lifts, ski in/ski out facilities, low number of new developments brings mountain views and access to nightlife exclusivity to the investments, and most and amenities are key to a resort’s value. parts of the French Alps are showing French developers have maintained a some good appreciation over the last few strong place in the market by injecting years. Re-sale properties in leaseback money and maintenance into their lifts developments have also appeared in the and improving their ski system: ‘The recent couple of years.’ ISSUE 7 | Meze | 95 PROPERTY The green approach Alpine developers are moving away from traditional rustic lodges to stylish, contemporary architecture constructed with a blend of old and new materials, such as metal, stone and granite.
    [Show full text]
  • Wellesley News
    1TA Literary Supplement see Paee 5 WELLESLEY NEWS Vol. LXI WELLESLEY NEWS, DECEMBER 8, 1967 No. 12 5? Sears Urges More Human Commitment Debate Over Titicut Follies To Solve Problems of Ghetto, Inner City At 4:30 last Thursday after- noon, recent Boston mayoralty Rages In Massachusetts Court candidate John Sears breezed in. apologized humorously for having kept the Political Science Forum by SiiKiin Faster '08 Wiseman and Rrldgewaler was ty," a documentary? How much of audience walling, and began t» pre- i'llli'Ut Tallies Is a movie nhnul largely oral, and thus It is difficult "reality" should be shown on the sent his thoughts on the Huh city. llllilgcwnlcr's Slale Menial Hospi- to determine If Wlsemon did In- screen? Should, for instarcc, in- A Harvard grnduntc and Rhodes tal (or Hie Criminally Insane deed broiieli his contract. The state spection of nude bodies be consid- scholar, Representative Sears sug- Named nfled n variety show pre- claims dial he agreed to give them ered os part of the reality of gested ways in which the inarti- sented by the Inmates, the movie final review and not to take pic- Brldgewater? Do men give up their culate poor may be helped. Many implies that on u larger scale the tures of Incompetent men. rights to privacy upon entering of his recommendations were nn institution itself has overtones of Many Questions such a public institution? outgrowth of his work with the being a real-life variety show of Another ambiguous clement cen- Ren! Motives? subcommittee on the ghetto which the absurd.
    [Show full text]
  • Developing a Niche Tourism Market Database for the Caribbean
    Developing a Niche Tourism Market Database for the Caribbean 20 Niche Market Profiles For: Caribbean Tourism Organisation From: Acorn Consulting Partnership Ltd Date: February 2008 TABLE OF CONTENTS PAGE 1. INTRODUCTION 3 2. NICHE MARKETS IN CTO COUNTRIES 4 3. NICHE MARKET PROFILES 9 3.1 Bird Watching 10 3.2 Charity Tourism 14 3.3 Culinary (or Gastronomic) Tourism 18 3.4 Cultural, Heritage and Historic Tourism 22 3.5 Cycling 25 3.6 Diving 29 3.7 Extreme Sports 34 3.8 Festivals 38 3.9 Fishing 41 3.10 Golf 45 3.11 Health, Wellness and Spa 50 3.12 Homestays 54 3.13 Meetings, Incentives, Conferences, Exhibitions (MICE) 57 3.14 Sailing 61 3.15 Set Jetting 66 3.16 Soft Adventure 69 3.17 Sports Tourism 73 3.18 Trekking 77 3.19 Weddings and Honeymoons 80 3.20 Wildlife Tourism 84 2 1. INTRODUCTION A niche tourism market is a specific market segment, usually with a well-defined product, that can be tailored to meet the interests of the customer. Examples for the Caribbean include golf, bird watching and diving. Note that “niche” does not necessarily mean “small” – niche markets can generate large numbers of tourists. It should also be noted that niche market tourists are not necessarily high spenders (although many are). Therefore developing niche market tourism does not necessarily increase the average spend of tourists. However niche markets are good for diversifying the product, minimizing the effects of seasonality, and reducing pressure on “honey pot” areas by distributing tourists to lesser-visited places on the islands.
    [Show full text]
  • A Life in Mathematical Science Part I: Growing-Up, Student and Postdoc Years
    A Life in Mathematical Science Part I: Growing-Up, Student and Postdoc Years Nicholas Stephen Manton FRS ∗ Department of Applied Mathematics and Theoretical Physics, University of Cambridge, Wilberforce Road, Cambridge CB3 0WA, England. March 2017 { September 2018 Abstract This memoir has been prepared in response to the Royal Society's request for Fellows to write an autobiography. There is more here of a personal nature than the Royal Society needs, but also a review of my scientific work and recollections about some of the scientists I have met and worked with. ∗email: [email protected] 1 1 Introduction It is interesting to look back on one's life and career, recall some key memories, and try to assess the significance of one's contribution to science. My life has not been very eventful from the public's perspective. I'm little known outside a modest circle of theoretical physicists and some mathematicians, and have not appeared as a scientist on TV. I have hardly ever been interviewed by journalists, except once for Finnish radio when Stephen Hawking was unavailable. But I have had an interesting time in science, and most of my social life revolves around interactions with academic colleagues and graduate students. For over 30 years, family life has been with my wife Anneli Aitta and our son Ben. I am currently 65 and expect to retire in about two years. I would hope to be involved with research beyond retirement, and to keep writing articles and maybe another book. But I have had some health problems recently, so felt that it was a good time to start on this memoir.
    [Show full text]