Articles tagged “club med”

Marriott Plays Catch-Up on All-Inclusives as Rivals Push Into Resorts

Marriott Plays Catch-Up on All-Inclusives as Rivals Push Into Resorts

Danni Santana, Skift

After years of standing on the sidelines, the world's largest hotel chain has committed to growing its all-inclusive portfolio organically. Keep an eye on Latin America and the Caribbean, which will be huge test markets for whether Marriott goes global.

2 months ago

Club Med Will Expand into New Market With First South Africa Resort

Club Med Will Expand into New Market With First South Africa Resort

Richard Holmes, Skift

Club Med has finally committed to long-overdue expansion into sub-Saharan Africa. It’s good news for South Africa’s tourism prospects and introduces the brand to an untapped African market.

5 months ago

Fosun Exec Does Not Rule Out Buying Thomas Cook

Fosun Exec Does Not Rule Out Buying Thomas Cook

Tom Lowry, Skift

Fosun says a major path to its future is through acquisitions. But Qian Jiannong wouldn't tip his hand on Thomas Cook. It sure feels like a bigger deal is in the works.

5 months ago

Skift Forum Asia: Fosun Tourism CEO on Creating the Foliday Brand

Skift Forum Asia: Fosun Tourism CEO on Creating the Foliday Brand

Patrick Whyte, Skift

Fosun has quietly integrated the companies it has either invested in or bought into its Foliday ecosystem, with the plan to manage and control every stage of the tourism experience.

5 months ago

Sponsored
New Skift Report: The Evolution of Winter Travelers and the Future of Ski Vacations

New Skift Report: The Evolution of Winter Travelers and the Future of Ski Vacations

Club Med + Skift

As the industry faces challenges, dynamic operators have embraced new hospitality models to capture market share and engage the experience-driven consumer of tomorrow.

7 months ago

Sponsored
How to Win at Travel Marketing in the Age of Google and Expedia

How to Win at Travel Marketing in the Age of Google and Expedia

Tinyclues + Skift

It’s tough for travel brands to compete against the Googles, Bookings, and Expedias of the industry. Integrating deep learning technology into existing marketing solutions can allow brands to make the most of their first-party data to better understand the patterns of their customers and make smarter, action-oriented decisions.

8 months ago

Fosun Anchors New China Resorts With Club Med and Thomas Cook Brands

Fosun Anchors New China Resorts With Club Med and Thomas Cook Brands

Raini Hamdi, Skift

Fosun bets on integrated resorts to address the needs of Chinese travelers, who are showing interest in these types of experiences. Why not use what’s already in the family? Thomas Cook and Club Med should be ever so pleased.

9 months ago

Club Med Owner Fosun Expects Tourism IPO to Hit Lower End of Pricing

Club Med Owner Fosun Expects Tourism IPO to Hit Lower End of Pricing

Crystal Tse, Bloomberg

With stocks falling across the world, it might not be the best time to launch an IPO.

10 months ago

Club Med Owner Fosun Looks to Raise $548 Million in Hong Kong IPO

Club Med Owner Fosun Looks to Raise $548 Million in Hong Kong IPO

Crystal Tse and Jinshan Hong, Bloomberg

Hong Kong's IPO market is on a tear this year, and Fosun wants to grab a piece of that investor enthusiasm by spinning out its tourism group. It's been three years since Fosun took over Club Med, and the turnaround plan seems to be on track.

11 months ago

Fosun Gets OK to Spin Off Club Med

Fosun Gets OK to Spin Off Club Med

Bloomberg News, Bloomberg

Talk of Chinese companies abandoning their global approach to dealmaking seems wide of the mark in Fosun's case. The conglomerate is intent on making further acquisitions and spinning off its tourism unit is part of the plan.

1 year ago

Video: Club Med’s Europe and Africa CEO on the Evolution of the All-Inclusive Vacation

Video: Club Med’s Europe and Africa CEO on the Evolution of the All-Inclusive Vacation

Deanna Ting, Skift

If Club Med has its way, the "all-inclusive" vacation should no longer conjure up images of tacky beach clubs and all-you-can-drink-and-eat buffets.

1 year ago

Club Med Parent Fosun Mulls Acquisitions in North America

Club Med Parent Fosun Mulls Acquisitions in North America

Bloomberg

Another Chinese conglomerate, this one with insurance, pharmaceutical, and tourism holdings, is looking to expand globally through acquisitions. Given that HNA Group, Dalian Wanda Group. and Anbang are scurrying to unload assets, does Fosun's strategy raise any red flags?

1 year ago