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Club Mediterranee increases profits with its new business model

Come fly with me to Club Mediterranee. With all the bad news filling up the major newspapers, television and the internet its time to take a break, forget your troubles, enjoy yourself and just have fun.

That is what is going on at Club Mediterranee, which just posted a $2.6 million dollar profit from a year earlier. Sales rose 5.7%. Some of the gains were partly due to the sale of assets. Club Mediterranee selling 80% of its gym business.

So with so much of the world losing sales and business what is Club Mediterranee doing to stay ahead of the curve? Go upscale and attract wealthier clients. Is it working? Judging from the result the answer is: Yes. Revenue per available bed, which is a measure of profitability, rose 7.5% from the previous year and the group brought in 61,000 extra clients to its five-star hotels.

So why not turn off your cell phone and your computer and meet me in Cancun?

Waitresses gone wild -- Joe Francis to open 'Girls Gone Wild' restaurants

Think the Hooters uniforms are just too puritanical? Not impressed by the new idea of sexpresso? Never fear ... count on Joe Francis, erstwhile paramour of Paris Hilton and puppet master behind the controversial Girls Gone Wild video series to further close the gap between two of George Costanza's passions ... sex and food.

Francis is planning to open a chain of diners in the resort communities of Cancun and Cabo San Lucas, Mexico, by the end of this year. The entrepreneur promises a "fun and sexy" dining experience that will also provide elements of class and comfort. He told the Los Angeles Business Journal that his eateries won't feel like strip clubs: "You'll be comfortable going in there, but you're going to get a Girls Gone Wild experience."

Continue reading Waitresses gone wild -- Joe Francis to open 'Girls Gone Wild' restaurants

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Last updated: February 13, 2012: 04:02 PM

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