Roger Allen, RLA Global Group’s CEO had the honour to have a one-to-one discussion with Club Med's President Henri Giscard d'Estaing at the International Hospitality Investment Forum (IHIF) session on: Reinventing Travel and the Resort Company.  

 Covering a wide range of topics including:

  • The strategies Club Med deployed to manage the pandemic crisis and how they learnt to live with its impact.
  • Why Club Med has continued its growth trajectory throughout the pandemic,  and their plans to still open new 16 resort projects by 2023.
  • The road to recovery and the doubling of digits for their ADR.
  • Looking ahead - what will be Club Med’s drivers of revenue growth, in the coming years and, how are they aligned with Club Med’s investment & development objectives.

Henri was quite vocal about the economic, social and cultural importance of tourism and, what he felt was the lacklustre support received from the French government.

“We are probably not vocal enough about what tourism and hospitality bring to the society and what it brings to the global economy and to countries that depend on it. We should formulate what we believe should be the right support from the government.”- Henri Giscard d’Estaing, CEO of Club Med.

There were many takeaway insights from the discussion but what really resonated was his strategy for getting through, as he called it ‘the mother of all crises’:

  1. Look after your people. 
  2. Don’t make any decisions now that can harm the future of your business later. 

Further insights from this one-to-one can be found at International Hospitality Investment Forum (IHIF) and Hospitality Insights.

 

 

 

 



News relating to this topic

Adjacent Spaces at IHIF - Shaping the New Lifestyle

Sep / 2021

The lines between hotels, serviced apartments, private rentals and co-living continue to blur as the world enters a new era of lifestyle demands.

Adjacent Spaces at IHIF - Shaping the New Lifestyle

Sep / 2021

The lines between hotels, serviced apartments, private rentals and co-living continue to blur as the world enters a new era of lifestyle demands. Read more

news-article

Hotelier Middle East Awards invites RLA Global’s Paul Boldy to join their judging panel of industry experts.

Aug / 2021

Paul Boldy, Managing Director of RLA Global, Middle East has been invited to become one of the expert judges for the well-respected Hotelier Middle East awards.

Hotelier Middle East Awards invites RLA Global’s Paul Boldy to join their judging panel of industry experts.

Aug / 2021

Paul Boldy, Managing Director of RLA Global, Middle East has been invited to become one of the expert judges for the well-respected Hotelier Middle East awards. Read more

news-article

Insights relating to this topic

Wellness Real Estate Report Insights into F&B Performance

Sep / 2021

RLA's head of EMEA hospitality advisory makes a closer inspection of the F&B and the data findings of the Wellness Real Estate Report

Wellness Real Estate Report Insights into F&B Performance

Sep / 2021

RLA's head of EMEA hospitality advisory makes a closer inspection of the F&B and the data findings of the Wellness Real Estate Report Read more

news-article

Resort & Destination Investment: uncertainty is the new norm with a sprinkling of optimism

Aug / 2021

Government support in destination planning will be crucial to boosting post-Covid investor confidence in hospitality. But for now, investment is still hindered by widespread uncertainty and speculation, with asset owners holding on and investors holding back.

Resort & Destination Investment: uncertainty is the new norm with a sprinkling of optimism

Aug / 2021

Government support in destination planning will be crucial to boosting post-Covid investor confidence in hospitality. But for now, investment is still hindered by widespread uncertainty and speculation, with asset owners holding on and investors holding back. Read more

news-article
Meet Roger A. Allen

Learn more about the author

Insights relating to this topic

Wellness Real Estate Report Insights into F&B Performance

Sep / 2021

RLA's head of EMEA hospitality advisory makes a closer inspection of the F&B and the data findings of the Wellness Real Estate Report

Wellness Real Estate Report Insights into F&B Performance

Sep / 2021

RLA's head of EMEA hospitality advisory makes a closer inspection of the F&B and the data findings of the Wellness Real Estate Report Read more

news-article

Resort & Destination Investment: uncertainty is the new norm with a sprinkling of optimism

Aug / 2021

Government support in destination planning will be crucial to boosting post-Covid investor confidence in hospitality. But for now, investment is still hindered by widespread uncertainty and speculation, with asset owners holding on and investors holding back.

Resort & Destination Investment: uncertainty is the new norm with a sprinkling of optimism

Aug / 2021

Government support in destination planning will be crucial to boosting post-Covid investor confidence in hospitality. But for now, investment is still hindered by widespread uncertainty and speculation, with asset owners holding on and investors holding back. Read more

news-article

News relating to this topic

Adjacent Spaces at IHIF - Shaping the New Lifestyle

Sep / 2021

The lines between hotels, serviced apartments, private rentals and co-living continue to blur as the world enters a new era of lifestyle demands.

Adjacent Spaces at IHIF - Shaping the New Lifestyle

Sep / 2021

The lines between hotels, serviced apartments, private rentals and co-living continue to blur as the world enters a new era of lifestyle demands. Read more

news-article

Hotelier Middle East Awards invites RLA Global’s Paul Boldy to join their judging panel of industry experts.

Aug / 2021

Paul Boldy, Managing Director of RLA Global, Middle East has been invited to become one of the expert judges for the well-respected Hotelier Middle East awards.

Hotelier Middle East Awards invites RLA Global’s Paul Boldy to join their judging panel of industry experts.

Aug / 2021

Paul Boldy, Managing Director of RLA Global, Middle East has been invited to become one of the expert judges for the well-respected Hotelier Middle East awards. Read more

news-article

Schedule a meeting

Tell us your preferred time to call or any details

Thank you! Your message has been delivered.

Interested in related topics?

Sign up for our eNewsletter

Thank you for subscribing!

search