Club Med first-half loss balloons
China Daily | Updated: 2009-06-12 08:05
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A man and his son play in a pool at the Club Med resort in Grecolimano, Greece. Bloomberg News |
PARIS: Club Mediterranee SA, Europe's largest resort company, said its first-half loss more than doubled as the recession discouraged tourists from buying pricy vacations and some properties closed for renovation.
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