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Nicolas Boudet Appointed VP, Development and Acquisitions for Club Med�s North American Zone
 
Paris - January 2000 - Nicolas Boudet has been appointed Vice President, Development and Acquisitions for Club Med�s North American Zone.  With this appointment, Club Med reaffirms its commitment to expanding the brand within the American Continent.

Prior to joining Club Med, Nicolas worked in London for the Hospitality branch of the Real Estate Investment firm Jones Lang LaSalle, and previously, in the Paris headquarters of Queens Moat Houses plc.   He is a graduate of the Master�s program in Hospitality Administration from Cornell University and ESSEC�s Business School in Paris. 

Club Mediterranee, S. A., based in Paris, created the all-inclusive vacation concept in 1950. Today, Club Med is the world�s largest vacation village organization with one hundred and twenty villages in thirty-six countries on six continents. In addition, Club Med operates eleven small inns, five of which are in Mexico.

In the North American Zone, Club Med has fifteen villages: two in the Antilles, three in the Bahamas, five in Mexico, one in the West Indies, one in the Dominican Republic, one in the Turks and Caucus, and two (soon to be three) in the United States.  The villages are designed to cater to children and adults alike, and all offer an array of sports for all tastes and ages. 

The company also operates the �Club Med Two�, a 617-foot luxury, computer-operated sailing ship, which offers winter cruises in the Caribbean, and summer cruises in the Mediterranean.  Club Med hosted more than 1.5 million vacationers worldwide last year.  Total revenues for 1998 were EEUR 1,278 millions (FRF 8,381) or $1.379 million US (1FF = 0.1645).  The company is listed on the Paris Stock Exchange market since 1966.

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Contact:
Carole Boucard
public relations director
(305) 925 9000
Club Med
75 Valencia Avenue
Coral Gables 33134 Florida 
www.clubmed.com
 
Also See Club Mediterranee Returns to Profit, Implementation of Strategic Plan Continues / Jan 1999 

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