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News Headlines     |     
Sep
23

New luxury chalet company
Wednesday September 23, 2009 - Email this article to a friend

An upmarket chalet business has been launched by the former Financial Director of bankrupt luxury chalet company, Descent International.

It will be run on a co-operative basis with the chalet owner and run on a profit-sharing basis.

Historically chalet operators have retained chalets on a long-term fixed rental basis and paid in advance, thus exposing themselves to financial risk.  The new company, Consenio Holidays, works with the chalet owner directly and the risk is shared.

The owner too will have a greater say in when the chalet is rented out so they are able to use their property.

Many chalet owners are apparently tired of operators dictating terms as to how and when they can stay in their multi-million pound assets.

The chalets already featured in Consensio's portfolio are Ski Lodge Boreale, Ski Lodge Aurore, Chalet Les Brames and Chopine in Meribel, Hermine in Courchevel and Montana and Elephant Blanc in Val d'Isere.

One of the founders of Consensio is Ceri Tinley, a former Financial Director of Descent International.

"Our business plan has come about because of the down turn on the market and the forced change of relationship with chalet owners.  With our model, our owners can enjoy the 5 star service Consensio offers and share some of the responsibility for our company's success," says Tinley.

We reported on the demise of Descent International here on PlanetSKI.

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