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SOURCE Club Med
(1 November 2012 - 31 January 2013)
MIAMI, March 11, 2013 /PRNewswire/ --
- Revenue per available bed up a reported 1.9% at a constant exchange rate to € 112
- Winter bookings in business volume nearly stable as of 2 March 2013
- Summer bookings in business volume up as of 2 March 2013
Commenting on Club Med's performance in North America, President and Chief Executive Officer, Xavier Mufraggi said:
"The financial results in Q1 for 2013 illustrate that despite harsh economic difficulties of today, the legendary brand continues to be a leading force in the all-inclusive vacation industry. Club Med is a unique brand in that we have over 80 resorts worldwide providing guests with many options to choose from when selecting a vacation destination. Many more US and Canadian travelers are looking for different vacation options outside of the Caribbean and we are able to provide this to them with our expansive portfolio of global resorts. From our new resort Pragelato Vialattea in Italy, located on Europe's second largest ski domain, to Guilin, our second resort in China, where were we are pioneering the concept of the all-inclusive vacation. Additionally, Club Med creates key points of differentiation through unique product offerings for our key targets from Kids Under 4 Stay Free starting in Summer 2013 to the innovative Active Vacation Concept at Sandpiper Bay in Florida."
At the Annual General Meeting, Club Mediterranee Chairman and Chief Executive Officer Henri Giscard d'Estaing said:
"While the tourist markets gradually deteriorated in Europe, Club Mediterranee recorded in 2012 a new growth of its activity and a new increase of customer satisfaction rates. Thanks to its powerful positioning on the upscale market, Club Med was able to protect its profitability and thus confirms the resilience of its business model.
Over the winter, Club Mediterranee captured growth on its international main markets and continued to gain market shares in France in an environment which worsened. Moreover, it reinforced its visibility with the launching of a new worldwide brand campaign and the development of its distribution network."
1. Business performance of the quarter
2. First quarter highlights
 CETO : Cercle d'Etudes des Tours Operateurs (French Tour-Operators Association)
Web site: www.clubmed-corporate.com
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