Club Med Looks For A Break In The Clouds

It wants to woo strapped French consumers with mini-clubs

It takes an executive with the can-do optimism of Mickey Mouse to see tourism opportunities in the fraught French economy. Yet Philippe Bourguignon, the former turnaround genie at Euro Disney and now president of the struggling Club Mediterranee, sees promise in Paris--among other places. Even as the unemployed march and the ruling Socialists prepare to cut the workweek, Bourguignon focuses on the positive. "The French want to work less and less," he says. "But at least they'll have more free time."

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