Club Med is adding a new member to its network of All-Inclusives: the Club Med Albion Village in Mauritius. Construction work has just begun on the 50 million euro project and the opening is scheduled for summer 2007.
The new Club Med Albion Village will become part of the experiencing the exceptional range and will be aimed at those traveling without children, or with older children to complement the existing family focused Club Med Village La Pointe aux Canonniers.
Located in Albion, some 15 kilometers south of Port Louis on the west coast of Mauritius, the 4-Trident Village will be constructed on a beautifully landscaped 22 hectare site with lush vegetation. The Village will offer two very different beaches, 266 guest rooms made up of 30 suites, 64 deluxe rooms and 172 club rooms, two restaurants, two swimming pools, two bars and a spa.
The new project is being carried out with four partners, the European Investment Bank (EIB), Orascom, Proparco, and the State Bank of Mauritius, and marks yet another strategic move by Club Med to pursue development at high-growth destinations by bringing in top-tier financing partners.
A total of 50 million euros has been invested in the project, with the equivalent in Mauritius Rupees (1.6 billion). The new Village will be financed through capital investments from the five partners, Club Méditerranée (4.8 million euros), EIB (5 million euros), Orascom (5 million euros), Proparco (4.2 million euros) and the State Bank of Mauritius (2 million euros). The remaining financing (30 million euros) will be ensured through long-term loans from the EIB and the State Bank of Mauritius.
According to the company, the opening of Club Med’s Albion Village shows its commitment to Mauritius as a destination and its move up market. The new Village will complement the range of services offered at the existing Club Med Village of La Pointe aux Canonniers. This site will also be renovated and repositioned as a 4-Trident Village and will offer Baby Club Med services. This will allow Club Med to offer two complementary Villages in Mauritius, one designed for families, the other for those looking for a child-free environment.
Steve O’Loughlin, Head of Sales for Club Med commented: “For 33 years Club Med has been operating in Mauritius and the announcement of the new Club Med’s Albion Village illustrates our attachment and commitment to the island, not only as a high end destination but as a perfect fit for our friendly, up market, and multicultural image.”
“The project also sees the coming together of a number of prestigious financing partners demonstrating the attractiveness of the Club Med brand in the tourism market.”