In January this year, the Swiss currency rose dramatically compared to the euro. The decision of the Swizz National Bank led to a price increase of 17% for tourists from the Eurozone in Switzerland. This resulted to a large decrease in the number of last minute bookings in the local tourism industry. The outlook for the summer is alarming. At the moment the bookings of tourists from the Eurozone is 25% lower than last year. Because of this development, Interhome immediately reduces the prices for their Swiss cottages.