FeaturedfinanceSkift··1 min·For: Owner, Investor, Revenue
Club Med Pursues Asset-Light Growth in Hong Kong IPO
Club Med is preparing for a Hong Kong IPO with a strategy to expand from 69 to 85 resorts using an asset-light management model. Parent company Fosun is pivoting the all-inclusive pioneer away from property ownership to accelerate portfolio growth.
Key Takeaways
- 1Club Med plans to expand its footprint from 69 to approximately 85 resorts globally.
- 2The expansion relies on an asset-light model where the company operates rather than owns properties.
- 3Parent conglomerate Fosun is listing the brand in Hong Kong following years of corporate restructuring.
Source: Skift
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