Club Med reaches nearly 2 billion Euros in business volume for the first time in its history

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.

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