Hello from Whistler
An incredibly busy three weeks was had during the 2010 Olympic Games. The Village was full of locals and visitors boisterously enjoying all of the ambience, entertainment and sporting activities. I am glad to say that we beat hotel occupancy targets and were close to 100% full the entire period. While the number of real estate inquiries during this period were limited, I believe that the extensive, worldwide media coverage that was achieved highlighting Whistler, Vancouver as well as the rest of British Columbia to the rest of the globe can only bring about positive benefits.
An extensive marketing program was undertaken during the Olympics which will continue on through the Paralympic Games starting shortly. A big mix of print, social events, Realtor information packages, window displays, postcards, television, online classified advertisements, social media and listings on key websites were undertaken. In my attached March 2010 newsletter you will see all of the details on this marketing as well as being able to download copies of everything from my ‘private’ website www.denisebrown.ca
So the good news continues:
- Apparently an agreement was reached with the lenders to restructure the debt owed by Fortress Investment Group and have staved off an auction of Intrawest. Also keep in mind that 23% of Whistler Blackcomb Mountains is owned by Nippon Cable. In addition, Intrawest has sold off a number of its assets including Copper Mountain in Colorado; Panorama Mountain in British Columbia; The Village at Squaw Valley; and Sandestin Golf & Beach Resort in Florida.
- Tourism Whistler is estimating that room nights will be up 6% for the winter of 2009/10 with strong bookings still to come through March.
- Continuing festivals will attract more visitors to Whistler. This week is Winter PRIDE; the Paralympics officially start March 12 and go through to March 21, although athletes are arriving in the Village from March 6th; Whistler Live begins again March 12th and goes throughout the Paralympics; March is expected to be busy as many schools across North America are on spring break; and last but not least, Easter in the first week of April….. Oh and who could forget, March 17th, St Patrick’s Day J
- The Paralympic torch is going to be in Whistler on March 8th – come out and celebrate with us.
- Bank interest rates remain low and affordable. It’s a great time to buy in Whistler while the prices are low, interest rates are low and before our next upswing (which I think will be in the fall of 2010).
- AND the sun is shining! Snow pack is deep! Come and enjoy the fun with us!
Also on my private website www.denisebrown.ca is a copy of my March 2010 newsletter as well as “My Property Catalogue” for you to review all my current listings. The details are on www.Whistler-RealEstate.ca
Have a great week!
Go Canada Go!
Denise