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China Takes On Club Med

Category: Hotels, Posted:27 Jun 2013 | 08:49 am

It looks as if a deal will be struck in the takeover bid of hospitality giant Club Med.
A pairing of the Chinese group Fosun International and French private equity firm AXA looks set to succeed in controlling the chain.
The move comes at a time when the group has already been shifting away from legacy markets and is focusing on China.
With a move from being leveraged into Europe plans call for wider expansion into South America and also Eastern Europe.
While the chain has drifted in recent years away from it's all-inclusive focus, it will be interesting to see where the brand DNA will go given the changes in ownership.

Other News

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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
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SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]