Thomas Cook and Club Med announce three-year partnership
Thomas Cook and Club Med have announced a three-year partnership focusing on joint distribution and marketing activities.
Club Med ‘corners’ will be established in Thomas Cook agencies while a Club Med ‘digital corner’ will be put on the Thomas Cook website.
Thomas Cook staff will also be offered a Club Med training programme and FAM trips.
The two operators are looking at whether they can share capacity on Thomas Cook flights for short and long haul destinations as well as ski destinations served by both brands but they claim this is ‘work in progress’.
The tie-up comes after Club Med’s owner, Chinese company Fosun, took a 5% stake in Thomas Cook in March. At that time, Fosun said it hopes to eventually increase the share to 10% and also said it could lead to collaboration between the two brands.
The partnership will expand on Club Med’s current relationship in France with Thomas Cook, with the aim of directing €100m of annual sales of Club Med holidays through Thomas Cook channels by 2018, say the operators.
The operators said this represents a 60% growth by attracting new customers in the UK, Germany, Finland, Sweden, Denmark, Norway, Russia, Belgium, the Netherlands, Poland, the Czech Republic and Hungary.
They would not disclose the amount of Club Med sales currently sold through Thomas Cook.
Club Méditerranée chairman and chief executive officer Henri Giscard d’Estaing said: "I am delighted by the launch of this new strategic partnership today, which widens to Europe an already prolific collaboration in France, that has been existing for many years.
"This partnership aims to generate strong sales growth in the European countries where Thomas Cook is present, a real opportunity for both our groups."
Diane
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