China’s Fosun to adopt asset-light strategy for new Club Med resorts

A company logo of Fosun International is seen during the annual general meeting of the Chinese conglomerate, founded by billionaire Guo Guangchang, in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip

Fosun Tourism Group will adopt an asset-light strategy and run under management contracts the Club Med resorts it plans to launch in China and other countries over the next few years, its chairman told Reuters.

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