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Kata's Club Med Renovating

Category: Hotels, Posted:28 Feb 2011 | 06:00 am

The Club Med resort on Kata beach is set to be renovated this year according to the company.
While the group continues to prosper in Southeast Asia one of its primary growth targets is into China.
Privately held Chinese firm Fosun which acquired a 10% equity stake is spearheading development which Club Med expects to evolve into their second largest market.
After opening a village in Yabuli, plans call for five more properties to enter the pipeline in the next 5 years.
One of the strongest indicators of brand metrics is that for the full year 2010 56% of bookings were made direct to the chain.

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