Chalet company goes bust leaving a prince out of pocket

Prince Andrew is reported to have lost around £30,000 after a chalet company went bust. The Prince was intending to stay at Chalet Eugenia duing next year’s ski season and had put down money in order to rent the sever-star luxury chalet, however the luxury ski company he made his booking under has recently gone bust, leaving the Prince out of pocket.

Descent International, a luxury ski company, has collapsed and has reportedly left debts of nearly £1.5 million.

Descent International have always been a favourite of rich and famous clients, with past clients including Sir Fred Goodwin, Rowan Atkinson, the Beckhams and J.K. Rowling. The company had tried to negotiate a re-financing deal however this failed and has ultimately led to the company going under.

The company didn’t offer flights therefore was not under the travel regulation body, ATOL. This maens that anyone who booked with Descent may struggle to get their money back.

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