Club Med to Report Full-Year Profit in the Americas, Echos Says

Club Mediterranee (CU) SA expects its first annual profit in the Americas in at least a decade this year, Les Echos reported, citing the company.

Club Med will open its fourth Brazilian village resort near Buzios in December 2013, and the travel company is studying various options in North and South America, including a ski resort in the northwest of the U.S., Les Echos also said.

To contact the reporter on this story: Andrew Roberts in Paris at aroberts36@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

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