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Club Med owner seeks to raise up to $700 million in Hong Kong IPO

09/04/2018|2:57:06 PM|

The company seeks to "infuse concepts of tourism and leisure into everyday living, and provide tailor-made, one-stop solutions through FOLIDAY global ecosystem".

Thomas Cook China aims for long-term growth with differentiating strategies

09/06/2017|2:00:57 PM|

Positioning itself for China's upper scale travel market, the joint venture between Thomas Cook and Fosun seeks long-term growth by developing differentiated packages and focusing on online presence.

Fosun spins off travel unit for IPO in 2020

12/01/2016|9:02:17 AM|

China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.

Fosun splashes out billions of yuan in luxury tourism property

07/19/2016|9:59:26 AM|

Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.

Amadeus reports financial results for full year 2015

02/26/2016|12:45:51 AM|

In its latest report on financial results for full year 2015, Amadeus had its total air travel agency bookings rose 8.3%, to 505.0 million.

Fosun to snap up Thomas Cook’s Concept Hotels for European foothold

03/12/2015|4:46:31 PM|

Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.

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