Fosun Tourism Group

Fosun Tourism Group (复星旅文) is the tourism, leisure and vacation-brand platform of the Chinese conglomerate Fosun International. It was assembled by Fosun as a dedicated vehicle for its global travel and hospitality assets, bringing together resort operation, hotel and attraction ownership, and vacation-brand management under one corporate brand. Its best-known asset is Club Med, the French-origin all-inclusive resort brand that Fosun acquired control of in the 2010s, alongside the Atlantis Sanya resort complex on Hainan Island and the Thomas Cook China brand licensed after the collapse of the UK travel group. The group positions itself as a global leisure-and-vacation brand house rather than a single hotel chain: it operates all-inclusive resorts, city and beach hotels, theme and water-park attractions, and vacation-services businesses, and it markets these to Chinese outbound and domestic travellers as well as to European and other international guests. Its portfolio spans premium and upper-upscale resort brands, family-focused all-inclusive products, and destination resorts built around large-scale entertainment complexes. Fosun Tourism Group was listed on the Hong Kong Stock Exchange and later taken private by its parent, reflecting Fosun's broader restructuring of its portfolio. The brand's identity rests on the combination of a Chinese parent's capital and access to the China market with European resort heritage and international hospitality management know-how.

Fosun Tourism Group emerged as Fosun International progressively built a global travel and leisure portfolio. A defining step was Fosun's investment in Club Med, the French all-inclusive resort pioneer: Fosun took a stake and, after a prolonged takeover contest, secured control of the resort group in the mid-2010s. Club Med became the anchor brand of the tourism platform, giving it a global resort network, a well-known brand and international hospitality management capability. Fosun then consolidated its travel-related holdings into a dedicated tourism entity, which was listed on the Hong Kong Stock Exchange. The group invested in large destination projects in China, most prominently the Atlantis Sanya resort on Hainan, developed with Kerzner International's Atlantis brand, which opened as a major integrated resort and entertainment complex. It also built and acquired vacation-services and attraction businesses to broaden its offering beyond hotels. After the collapse of the British travel group Thomas Cook in 2019, Fosun, which had been an investor in the business, acquired the Thomas Cook brand and established Thomas Cook China as a travel brand targeting Chinese travellers. The group's portfolio thus combined European resort heritage, a flagship Chinese destination resort and a travel-distribution brand. In the 2020s Fosun International pursued a deleveraging and portfolio-rationalization strategy, and Fosun Tourism Group was taken private by its parent, delisting from the Hong Kong Stock Exchange. The tourism brand continues to operate its resort and destination portfolio under the Fosun umbrella.

• Fosun invests in Club Med, the French all-inclusive resort group

• Fosun secures control of Club Med after a prolonged takeover contest

• Fosun consolidates its travel assets into Fosun Tourism Group and lists it on the Hong Kong Stock Exchange

• Atlantis Sanya opens on Hainan as a major integrated resort

• Fosun acquires the Thomas Cook brand and launches Thomas Cook China after the UK group's collapse

• Fosun Tourism Group is taken private by parent Fosun International and delisted from the HKEX

Global leisure and vacation brand house combining European resort heritage with Chinese market access, focused on premium all-inclusive and destination resort experiences.

• Club Med

  All-inclusive resort brand with a global network of beach and mountain resorts.

• Atlantis Sanya

  Integrated destination resort and entertainment complex on Hainan Island.

• Thomas Cook China

  Travel brand serving Chinese travellers, built on the acquired Thomas Cook name.

• 2020-05-12

  Taierzhuang District and Fosun Tourism Group enter strategic partnership[1]台儿庄区与复星旅文集团达成战略合作sd.sina.com.cn

  The Taierzhuang District government and Fosun Tourism Group signed a strategic cooperation agreement covering cultural tourism development, new business formats, marketing, and capital operations.

• 2020-04-13

  Fosun Tourism Group signs strategic cooperation agreement with Sanya[2]复星旅文与三亚签署战略合作协议finance.sina.com.cn

  Reported: 2020-04-13

  Fosun Tourism Group signed a strategic cooperation agreement with Sanya to strengthen its presence in the Hainan market, according to the article headline.

• 2019-11-12

  Fosun Tourism launches FOLIDAY Town destination brand[3]复星旅文发布“复游城”旅游目的地品牌nbd.com.cn

  Fosun Tourism officially launched FOLIDAY Town as a tourism destination brand on November 12, 2019.

• Unconfirmed

  Fosun Tourism’s Thomas Cook acquisition fails[4]复星旅文收购托马斯库克失败finance.sina.com.cn

  Reported: 2019-09-23

  Fosun Tourism’s planned acquisition and restructuring of Thomas Cook failed after the parties were unable to find a suitable solution.

• 2019-09-24

  Fosun Tourism clarifies its position on Thomas Cook talks[5]复星旅文就Thomas Cook谈判情况作出说明finance.sina.com.cn

  Reported: 2019-09-25

  Fosun Tourism issued a statement confirming Thomas Cook's compulsory-liquidation application and saying that it had made no investment under the negotiations.

1. 1台儿庄区与复星旅文集团达成战略合作sd.sina.com.cn
2. 2复星旅文与三亚签署战略合作协议finance.sina.com.cn
3. 3复星旅文发布“复游城”旅游目的地品牌nbd.com.cn
4. 4复星旅文收购托马斯库克失败finance.sina.com.cn
5. 5复星旅文就Thomas Cook谈判情况作出说明finance.sina.com.cn
6. 6复星旅文收购托马斯库克告吹house.people.com.cn