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Posted: 20 Jul 2014 | 6:00 am
Hotel industry news lines are buzzing over the take over offers from Club Med's two leading shareholders.
In what is looking to be a hostile action, Chinese conglomerate Fosun International and AXA Private Equity are both angling to control the hospitality brand.
A strategic expansion plan of the two groups varies broadly in what is becoming an east versus west battle.
Club Med and its highly valued distribution network remain a strong investment object of desire.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Laguna Phuket has become the first Asian destination or integrated resort to attain EarthCheck's Silver certification.
Soneva Resorts and Residences has bagged been declared the winner of the WTTC (World Travel and Tourism Council) Environment category in their global awards.
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