Fosun Tourism’s post-Covid holiday fizzles
The resort unit of one of China’s leading conglomerates posted modest growth in the first quarter, as its broader outlook was clouded by debt issues at its parent Key Takeaways:…
Fosun Tourism at crossroads as parent shops its two major assets
Fosun International is reportedly looking to sell some or all of its tourism unit’s Atlantis Sanya mega-resort, as well as a stake in the unit’s Club Med resort chain Key…
FAST NEWS: Business Surges at Fosun Tourism’s Core Mega-Resort
The latest: Resort operator Fosun Tourism Group (1992.HK) announced Wednesday that its core mega-resort, Atlantis Sanya, posted 159 million yuan ($23.4 million) in business volume during the 16-day period around…
Strong Club Med Results Fail to Lift Fosun Tourism Back to Profits
One of the world’s top resort operators lost money in the first half of the year as lockdowns and travel restrictions continued to curb tourism in its home China market…
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