Prices plunge in 24 of 27 ski resorts surveyed for the Post Office Travel Money Ski Resort Report 2014. Bansko, Bulgaria remains cheapest but Eurozone favourites are closing the gap.

The Ski Resort Report, compiled from research by Crystal Ski Holidays, surveys 27 resorts across Europe and North America. It is a comparison of six days’ ski and living costs for one person, including a ski-day ski pass, ski/boot hire, ski school, lunch on the slopes and soft drinks.

Bansko, Bulgaria remains the Best Value Overall with a total cost of £261, but others are closing the gap: Soldeu, Andorra (£331) where prices have plunged 23%; Kranjska Gora, Slovenia (£300) is down 8% year-on-year; Ellmau, Austria (£311) down 15%; and Les 2 Alpes, France (£420) down 10 percent.

The strength of the sterling and the need to attract UK skiers – after the market contracted 3.6% last season – are thought to be catalysts for the price cuts in top resorts.

Andrew Brown of Post Office Travel Money said:  “Although skiing is still cheapest in Bulgaria and Slovenia, growing competition for business means there are great bargains to be struck in many of the most popular European resorts this season.  What’s more, the continuing strength of sterling against European currencies provides the added bonus of more pounds in their pockets for UK skiers.”

Besides 'Best Value Overall', other categories in the report included “World-Class Resorts”, “Best for Families” and “Best Transatlantic Ski Resorts”.

Among 10 World-Class Resorts surveyed, prices are down 13% in Sestriere to £354, making the Italian resort best value in this category for the second year running. There has also been a 16% fall in Courchevel (France) to £503.

In the Best for Families category (price for a family of four), Bansko remains the cheapest (£872). However, Kranjska Gora (£1,110) has lost its runner up position because of a significant 18% price fall in both Soldeu (£982) and Ellmau (£985).

In North America, Tremblant (£566) emerges as best value of six Transatlantic Ski Resorts. In Colorado prices have plunged 17% in Breckenridge (£682), mostly as a result of a fall in ski-related charges, and almost 8% in Vail (£751).

A full breakdown of costs for the 27 resorts surveyed can be found by visiting