Articles tagged “club med”
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.
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…
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?
Why the Business of All-Inclusive Resorts Will Never Be the Same
Luxury all-inclusive resorts may be optimistic about the future post-pandemic, but profits will come alongside heightened green challenges. Then there's an increasingly demanding, socially conscious consumer. Can the resorts return to their former stature as the fast-growing sector of accommodations?
Lebawit Lily Girma |
Newly Agile Thomas Cook Is Resurrected in a Pandemic to Be an Online Travel Player
New owner Fosun will be banking on people fondly remembering this historic name, rather than reflecting on its spectacular collapse just one year ago.
Matthew Parsons |
Early Recovery for Resorts Will Be Beholden to Last-Minute Bookings: Club Med’s North America CEO
All eyes are on Asia's hotel recovery, as Club Med's North American and Caribbean division waits to reopen resorts to (hopefully) pent-up travel demand.
Cameron Sperance |
Watch Out, Japan! Switzerland Luring More Asians for Winter Holidays
Asia’s snow holiday market keeps growing, and Switzerland, a first mover in this opportunity, is benefiting. Japan, however, remains the most popular winter holiday destination for Asians by far.
Raini Hamdi |
Marriott Plays Catch-Up on All-Inclusives as Rivals Push Into Resorts
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.
Danni Santana |
Club Med Will Expand into New Market With First South Africa Resort
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.
Richard Holmes |