Abstract
Club Méditerranée provides luxury holidays in many parts of the world, usually in ex-otic locations. It is viewed as company which started the all-inclusive resort concept. Club Méditerranée, commonly known as Club Med, is a French corporation of vaca-tion resorts which was created in 1950 by former Belgian water polo champion, Gérard Blitz. Club Med is a public company traded on the French market (NYSE Euronext Paris) 2. Owing to its public status, it is owned by various shareholders such as Accor SA (6%), Air France (2%), GLG Patners LP (10.9%), Fipar International (10.7%), French institutions (13.8%), foreign institutions (21%) and many others.
