Membership Med, which has returned to pre-pandemic exercise, is off to a powerful begin in 2023

The Membership Med Group, a pacesetter in village golf equipment now refocused on the top quality, has regained its pre-pandemic exercise in 2022, due to a “sturdy restoration” in Europe and North America, which enabled its turnover to double.

Final 12 months, turnover reached €1.7 billion, up twice from what it was in 2021 and again to 99% of its stage in 2019, Membership Med laid out in a press launch.

2022 marked an ‘essential step within the upscaling technique’ for Membership Med, because the top quality now accounts for 95% of Park Villages, due to the opening of seven new ‘resorts’, confirms Henri Giscard de ‘Estaing and the press launch quotes Estaing Chairman the group.

One more reason to be happy: The outlook for the primary half of 2023 is “very encouraging,” he says, due to bookings which are up 36% for scheduled departures within the first half of the 12 months, in comparison with the identical interval final 12 months.

In 2022, Membership Med exercise continues and accelerates its restoration in Europe and the Americas, after an already sturdy restoration within the second half of 2021, regardless of the affect, which varies from nation to nation, of the Covid-19 pandemic in January and February, the group notes.

Working revenue reached 98 million euros in 2022, returning to its pre-Covid stage, due to “the superb efficiency of Europe and the Americas”, regardless of the upkeep of journey restrictions in Asia and the resumption of Covid-19 in China.

In France, turnover greater than doubled in a single 12 months to 662 million euros, or 6% above the pre-pandemic stage.

As for the “Americas” area, North and South, it registered a “sturdy restoration” in 2022 (+89% in a single 12 months and +33% in comparison with 2019), benefiting from “sturdy demand in the USA and Canada.” , increasing provide and “very sturdy development in home journey in Brazil”.

Then again, Asia remained severely affected by the epidemic, “regardless of the primary indicators of restoration” within the second half. Turnover remained almost halved (-48%) in 2022 in comparison with 2019, though a catch-up within the second half.