Hospitality Industry News
Fosun seeks to raise $500m for tourism business
Sanya, Hainan, China – 7 December 2017 – Chinese conglomerate Fosun International is in talks with investment banks to list its tourism business to raise at least US$500 million, according to people familiar with the situation. 1 Fosun Tourism & Culture Group, Fosun’s tourism unit, includes resort operator Club Med,