Club Med, the pioneer of the all-inclusive holiday concept, celebrates a year of resilience and significant achievements driven by robust growth and exceptional financial performance. The group’s 2023 results laid a solid foundation that reinforces its market leadership in Snow and Sun Holidays across the globe, including India, with the anticipation of a robust outlook for 2024.
Notably, 2023 also proved to be a pivotal year for Club Med’s endeavors in India, showcasing a remarkable 37% surge in total business volume compared to 2022, underscoring the country’s significance in the brand’s global expansion strategy. Interestingly Club Med’s ski and mountain business saw a remarkable 430% expansion compared to 2022, with the share of the Indian market increasing from 6% to 19% from 2019 to 2023. This increase can be attributed in part to the revenge travel phenomenon, as well as the success of Club Med’s ski and mountain business (+75% vs…
