French tour operator Club Med has reported a full recovery from the Covid crisis, by reporting a €98m operating profit for 2022 and a 100% increase in business volume for the year.
The company said the worldwide reopening of the tourism and travel industry helped boost its resort capacity by 62% last year, with guest numbers returning to 88% of pre-Covid 2019 levels.
Club Med said the outlook for this year is good, with the year starting well. The company said bookings for the first half of the year are up 36% and are 23% ahead for the second half of the year.
