Category: HISTORY
From the association of Club Méditerranée to Club Med today, journey through 65 years of history.
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1997 to the present: The Law of Economics
…Closures, profitability and takeover bids
The board of directors, at its meeting of February 21, 1997, acknowledged the group's catastrophic results (743 million francs in losses during the 1996 financial year) and the conclusions of an audit commissioned from an American firm and published by
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1980-1997 Club Méditerranée becomes Club Med
…The 1980s brought a number of changes to the organization of Club Med. The most important took place in 1982. That year, the Club was divided into geographical sectors (or zones) with the opening of offices abroad
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1960-1970 The golden age
…The Club's Growth
In 1960, the club celebrated its 10th anniversary. The anniversary was celebrated at the Moulin de la Galette and the Salle Pleyel. Djerba, renovated, reopened with great fanfare after Tunisia gained independence in 1958 and that
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1950-1955 The first villages
…Alcudia, the first village
The first village was established in Alcudia, a small fishing village located on the island of Palma de Mallorca in the Balearic Islands.
Gérard Blitz had purchased surplus American equipment. (Maurice Blitz, Gérard's father and -
… Before the start