Megeve

Executive summary by Darmansjah

Megève  is a commune in the Haute-Savoie department in the Rhône-Alpes region in south-eastern France with a population of over 4,000 residents. The town is well-known due its popularity as a ski resort near the Mont-Blanc in the French Alps. Conceived in the 1920s as a French alternative to Saint-Moritz by the Rothschilds, it was the first purpose-built resort in the Alps. Originally it was a prime destination for the French Aristocracy. It remains one of the most famous and fanciest ski resorts in the world.

The town started its development as a ski resort in the 1910s when the Rothschild family started to spend their winter vacations there after becoming disenchanted with a Swiss resort, St. Moritz. In 1921, Baroness Noémie de Rothschild (1888-1968) opened an important hotel which boosted the resort's development. By the 1950s Megève was one of the most popular ski resorts in Europe and attracted many wealthy individuals and celebrities. Nowadays it is still visited largely by affluent people as is made obvious by the real estate prices