Articles tagged “fosun”

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.

New owner Fosun will be banking on people fondly remembering this historic name, rather than reflecting on its spectacular collapse just one year ago.

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."

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

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.

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.

Thomas Cook Group may have caved in, but in China and India, the companies that bear the name are profitable. Why?

Kuoni died, and now Thomas Cook, even though the jury is out if it's just the UK business or continental Europe or the Nordic operations as well. Thomas Cook's tour operating market in its glory days practically made Asia tourism, so many across the region are mourning this loss, reconciling themselves with the fact that nothing lasts forever.

Closing islands for a rehab seems fashionable in Southeast Asia. It shouldn’t be. Authorities must first assess options carefully, and by no means should premature announcements be made. Just look at the Komodo Island example and the wrong messages Indonesia has sent about one of its most unique tourism assets.

Thomas Cook's chances of escaping its current financial mess still rest in the hands of Fosun and its creditors. While Wednesday's announcement is good news for travelers and the company's employees, there are still a number of hurdles to clear.