Club Med is freewheeling
March 22nd, 2019 Jenny Johnson No Comment People Chine, Club Med, Henri Giscard d'Estaing 2954 views
In 2018, Club Med achieved very encouraging performances according to observers, with the strongest growth in business volume in 6 years (+8% vs 2017). All geographical areas are on the rise. The number of customers also increased significantly (+6.6% vs 2017).
« Thanks to the support of our shareholder Fosun and the implementation of its « high-end, global and happy digital » strategy, Club Med is now the world leader in all-inclusive high-end holidays for families and working couples« , said Henri Giscard d’Estaing, Club President, with a smile.
Recurring EBITDA was €126.4 million, up 13% compared to the previous year, thanks to the overall strategy of moving up the range and sales growth.
On the strength of these performances, Club Med should see a further increase in its business in 2019.
Strong growth in number of customers and sales
With 1.441 million customers, Club Med recorded another increase in 2018 (+6.6% vs. 2017). The clientele of 4 and 5 Trident resorts now represents more than 81.6% of the total clientele.
In China, the second largest market after France, Club Med now has 243,000 customers, up 22% from 2017.
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