Fosun Tourism at crossroads as parent shops its two major assets
Fosun International is reportedly looking to sell some or all of its tourism unit’s Atlantis Sanya mega-resort, as well as a stake in the unit’s Club Med resort chain Key…
Fosun Tourism embarks on new journey with departure of big-name director
Henri Giscard d’Estaing has left the board of Fosun Tourism, which is refocusing on China and Southeast Asia, to ‘devote additional time and attention’ to his role leading Club Med…
Fosun Tourism rides Club Med rebound into bumper profits
The global resort operator’s business volume rose 24% in the first half of the year, while its profit more than doubled Key Takeaways: Fosun Tourism’s business volume rose 24% in…
Fosun Seeks Club Med Investors to Plug Its Own Financial Holes
The debt-plagued financial conglomerate is reportedly looking for a third party to buy some or all of its majority stake in Fosun Tourism, owner of the French resort chainKey Takeaways:Debt-strapped…
Fosun Tourism Takes Off Globally, But Gets Grounded in China
Revenue from the Club Med operator’s resort operations quadrupled in the first quarter, as many countries reopened their borders to tourists Key Takeaways: Club Med operator Fosun Tourism reported a…
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