Club Med Posts Fiscal '01 Loss
 

LONDON (CNN) - French holiday operator Club Mediterranee posted a fiscal 2001 loss as it took measures to counter a fall in bookings following September 11.

Club Med, which built its reputation in the 1970s by offering "sun, sea and sex" in resort villages, made a loss of 70 million ($78.37 million), compared with a 59 million profit the year before.

http://money.cnn.com/2002/01/08/international/clubmed/