Predict your next investment

Club Med company logo
LEISURE | Lodging
clubmed.fr

See what CB Insights has to offer

Founded Year

1991

About Club Med

Club Med operates hotels. The company offers resorts, stay facility, seminar, meetings, events, spa, restaurants, honeymoon package, rooms, cruise stay, ski holiday, side scene, and other related services. Club Med serves customers worldwide. It is based in Paris, France.

Club Med Headquarter Location

11, rue de Cambrai

Paris, 75019,

France

Latest Club Med News

Fosun Tourism Turned a Profit in Third Quarter on Strong Club Med Performance Fosun Tourism Turned a Profit in Third Quarter on ...

Oct 21, 2021

(Yicai Global) Oct. 21 -- Chinese conglomerate Fosun Tourism Group was back in the black in the three months ended Sept. 30, largely due to a more than doubling in revenue by its French holiday resort unit Club Med as global tourism gets back on track, the firm said yesterday. Although exact profit figures were not released, revenue doubled in the third quarter to CNY2.8 billion (USD437.8 million), according to the Shanghai-based group’s latest earnings report. Revenue in the first three quarters fell 4.4 percent to CNY5.58 billion (USD873 million). The good performance was propelled by a more than doubling in third-quarter revenue at Paris-based Club Med to CNY2.6 billion and a return to 75 percent of 2019’s figures. “We will continue to expand globally amid the Covid-19 pandemic,” Fosun Tourism Chairman and Chief Executive Officer Qian Jiannong said yesterday, “Due to better cash flow, we still plan to open another 16 Club Med resorts worldwide by 2023, eight of which will be in China.” The UK’s Thomas Cook Group, which Fosun Tourism also owns, saw its China revenue nearly doubling in the third quarter to CNY121.3 million (USD18.98 million). The good news did little to boost the firm’s stock price though. Fosun Tourism’s shares [HKG:1992] were trading down 1.95 percent at HKD11.06 (USD1.42) at 2 p.m. China time. Editor: Kim Taylor

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Club Med Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Club Med Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.