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Home > Company Index > Leisure > Lodging > Club Méditerranée S.A.

Club Méditerranée S.A.
OTC: CLMDY
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 PROFILE
Hobbled by a reputation that has become passe, Club Méditerranée (popularly known as Club Med) is struggling to revamp its 1970s "sea, sex, and sun" image and overcome recent losses. With more than 1.5 million guests annually, the company has 150 leisure operations including 114 resort villages in 40 countries, 12 villas, a cruise ship operation, and a French tour operator. Nearly three-quarters of its vistors come from Europe. Philippe Bourguignon, who breathed life into Euro Disney, is spearheading efforts to refocus brands under the Club Med name, renovate villages, and position Club Med resorts in the mid-market, family-friendly vacation range.

 COMPETITION
Accor (AC)
Carnival Corporation (CCL)
Hilton Hotels Corporation (HLT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: October
1999 Sales (mil.): 1,585.80
1-Yr. Sales Growth: 4.8%
Employees: 24,200
Revenue per employee: $65,528.93

 KEY PEOPLE
• Philippe Bourguignon
    CEO
• Henri Giscard d'Estaing
    CFO

 CONTACT INFO
11 rue de Cambrai
75019 Paris Cedex 19, France
Phone: 33-1-53-35-35-53
Fax: 33-1-53-35-36-16

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