Articles tagged “fosun”

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…

Business Travel

More Resort Operators Tee Up Digital Nomad Spaces in Low Season

Rich pickings from a growing pool of remote workers, but the marketing and storytelling will need to fit the product for it to really take off.

More Resort Operators Tee Up Digital Nomad Spaces in Low Season

Business Travel

A Superapp Betting on Corporate Travel During a Pandemic

Latin America's Rappi now offers business travel alongside things like takeaways, pet food and furniture. It doesn’t sound like a winning combination, but different parts of the world have different appetites for digitization.

A Superapp Betting on Corporate Travel During a Pandemic

Online Travel

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.

Newly Agile Thomas Cook Is Resurrected in a Pandemic to Be an Online Travel Player

Coronavirus

How an Israeli Startup Wants to Help Hotels Up Their Online Booking Game During Crisis

Splitty's acquisition of Cancelon's assets is notable because it highlights a seemingly clever way to advertise on travel price-comparison sites. Think of it as "metasearch arbitrage."

How an Israeli Startup Wants to Help Hotels Up Their Online Booking Game During Crisis

Business Travel

Fosun to Relaunch Thomas Cook Brand in 2020

Fosun is understood to be launching a new Thomas Cook platform to attract European clients. It has to do what Thomas Cook failed to do, plus restore the brand’s image. Not an easy job.

Fosun to Relaunch Thomas Cook Brand in 2020

Business Travel

How Thomas Cook’s European Businesses Are Now Divvied Up Among Rivals

Thomas Cook collected its fair share of brands over the years. Now rivals are picking over what remains of the group.

How Thomas Cook’s European Businesses Are Now Divvied Up Among Rivals

Tourism

Greenwashing Goes On in Asia’s Massive Hotel Development

Asia leads the global hotel pipeline and many more luxury hotels and wellness resorts will be opening in its fragile environments. Low-impact advocates are trying to lead by example, but they're too small and too few to effect a sea change.

Greenwashing Goes On in Asia’s Massive Hotel Development

Business Travel

Fosun Swoops on Thomas Cook Brand Names

Given Fosun's desire to help keep Thomas Cook afloat, the news shouldn't come as a surprise, especially since the Chinese company's Foliday ecosystem features the storied brand name.

Fosun Swoops on Thomas Cook Brand Names