Club Med unveils expansion in France
Club Med is to open three new mountain resorts in France as part of a €300 million investment.
The first is the Samoens-Morillon Resort, due to open in December 2017, at a cost of €95 million.
This will be closely followed by the opening of two other family resorts, also in the Grand Massif, opening by 2020.
The resorts are aimed at the winter and summer market.
The operator is also investing in improvements at two existing properties in France – Opio-en-Provence in the Alpes-Maritimes region (pictured here) and La Palmyre-Atlantique in the Charente-Maritime.
Outside of France, Club Med will re-open Club Med Cefalu Resort in Sicily, planned for 2018, which will become the first luxury 5-Trident Club Med Resort in Europe.
Announcing the developments, the all-inclusive operator said winter 2016 was a record season both in number of clients and profitability.
It said compared with winter 2015 business volume has grown by 3.6%, reaching €821 million, while the number of clients has increased by 6% globally, the highest it has been for the past 10 years.
Gross operating income (EBITDA) increased by 36%, reaching €100 million.
Despite the overall drop in tourism to the French Alps, Club Med has continued to increase the number of clients visiting its ski resorts by 3% and has achieved an occupancy rate of 90%.
Club Med currently operates about 70 Resorts in 26 countries.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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