Articles tagged “club med”

Daily Lodging Report

Fosun Explores Selling a Stake in Club Med

Fosun International was reported by Reuters to be exploring the sale of a minority stake in Club Med, targeting a valuation of US$800 million for the whole business. Reuters said Fosun has been in discussions informally with potential buyers and advisors about the sale but no firm bid has emerged.

Daily Lodging Report

Fosun Expects Sustained Chinese Tourism Boom

Fosun Tourism expects a sustained boom in Chinese tourism in the second and third quarters. Fosun is planning expansions in resort projects in China’s tier I and tier II cities.

Online Travel

Google Lifts Ideas From Instagram for New Hotel Search Tool

Today’s edition of Skift’s daily podcast looks at Google’s Instagram inspiration, Club Med’s upscaling, and Malaga’s sustainable tourism support.

Google Lifts Ideas From Instagram for New Hotel Search Tool

Hotels

Club Med Aims to Shift Upmarket With New Resorts and Ad Campaign

It's reassuring to see numerous Club Med all-inclusive resorts rebounding post-pandemic and that the company has upgraded many to attract affluent millennial parents. But some experts question its new marketing campaign and strategy.

Club Med Aims to Shift Upmarket With New Resorts and Ad Campaign

Daily Lodging Report

Club Med to Shift Upmarket

Club Med said it was beginning a new chapter. Taking inspiration from the original Club Med philosophy, creating simple moments of happiness, the lifestyle brand will be providing a more premium, family-friendly and eco-conscious experience.

Daily Lodging Report

Borneo to Get a Club Med and a Sheraton

Two global resort brands will soon open doors of properties on the southeast Asian island.

News Blog

China’s Fosun Looks to Club Med Resorts Recovery After Profit Warning

Chinese conglomerate Fosun International is hoping its vacation business segment will pull it out of a slump. Fosun, which owns the Club Med chain of resorts and the Thomas Cook brand, issued a warning on Jan. 20, saying profit for the year ended Dec 31, 2022 is expected to decrease by 80 percent compared to…

News Blog

Club Med Owners Consider Sale in Quest to Cut Debts

Fosun International Ltd. is pondering whether to sell French luxury resort chain Club Med as it's looking to ways to reduce debts, according to a report in Bloomberg. The Shanghai-based company has been informally fielding inquiries from potential buyers, people knowledgeable about the matter said. Fosun, which owns Club Med through its leisure arm Fosun Tourism…

News Blog

Club Med Operator Fosun Tourism Seeks to Escape Sea of Red Ink Through Resort Openings

Fosun Tourism Group said on Monday that a partial recovery in its Club Med vacation resorts during the first half of the year didn't compensate for continued steep losses across its travel businesses — partly because of pandemic-related travel restrictions in its home market of China. Hong Kong-listed Fosun Tourism generated revenue in the first…

Tourism

Mauritius Pitches Digital Nomads to Reach Goal of 1 Million Tourists in 2022

An ambitious target of one million tourists by the end of 2022 has Mauritius — a largely luxury tourist destination, diversifying to lure even digital nomads and retirees. Will this help them deliver the numbers?

Mauritius Pitches Digital Nomads to Reach Goal of 1 Million Tourists in 2022