Club Méditerranée

Type
Business expansion
Country
France
Region
Auvergne-Rhône-Alpes; Rhône-Alpes; Savoie
Location of affected unit(s)
Tignes
Sector
Accommodation / Food
55 - Accommodation
55.2 - Holiday and other short-stay accommodation
55.20 - Holiday and other short-stay accommodation
300 jobs
Number of planned job creations
Job creation
Announcement Date
25 October 2022
Employment effect (start)
9 December 2022
Foreseen end date

Description

Club Med has announced that in December the opening of its new resort in Tignes (Savoie) will create 300 to 400 jobs. This expansion is part of the company's strategic repositioning for a new competative advantage in the luxury vacation market. The group has invested a total of €128.9 million in order to position itself in the high-end hotel market.

Founded in 1950, Club Med is estimated to employ 25,000 workers across 40 countries and is viewed as a leader in all-inclusive holiday services. 

Previous business expansions were recorded in the ERM Database, including the creation of 220 jobs in Spain (Club Med-2021-ES) and 101 job losses in 2009 (Club Med-2009-FR).

Sources

Citation

Eurofound (2022), Club Méditerranée, Business expansion in France, factsheet number 107682, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107682.