Mpho ‘Popps’ Modikoane, Vafa Naraghi and Sifiso Nene Win Big At…New Web Hosting Pioneer Emerges, Offering Affordable Hosting Solutions Coupled with…, pioneers of global all-inclusive holidays, reached nearly 2 billion Euros in business volume for the first time in its history.
In 2023, 97% of the Resort portfolio consisted of Premium and Exclusive Collection Resorts and will achieve 100% by April 2024. On the operations side, the upscale positioning positively contributed to Club Med performance as the costs increased less than the progression of the mix-price.In 2023, Club Med continued to strengthen its upscale positioning with the opening of 4 new premium and Exclusive Collection Resorts:
In 2023, Club Med saw the business volume of its Mountain Resorts increased by +33% compared to the year 2022 and amounted to €523 M. It represented 32% of global group business volume.