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Club Med for Cambodia?

GLOBAL holiday resort company Club Med is considering expanding its operations into Cambodia on the back of success in other Asian countries, according to reports yesterday. The French firm is eyeing Cambodia and Vietnam expansion as part of its plans to grow into an Asia high-end holiday option, adding to its resorts in countries such as China. “The very sharp improvement in first-half results and the increase in the number of customers … have demonstrated the effectiveness of our strategy,” chairman and CEO Henri Giscard d’Estaing told British newspaper The Independent. Club Med representatives were unavailable for comment yesterday.



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