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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:
Zinc Invision's eco luxury resort in Sri Lanka has earned a WTTC environmental awards.
Thai hotel Aleenta Hua Hin has initiated a carbon free cooking drive, aimed at improving the property's sustainable footprint.
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