The source for all Tourism, Hotel and Real Estate news in Phuket.

Club Med Under Takeover Pressure

Insider Story Locations

Find our most recent stories tagged by their locations. Click here for more story locations.

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.

DO YOU LIKE THIS?

Post a Comment

Your comments will appear after approval. Please stay relevant to this blog entry.

 
 
 
 
 

The Green Report

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:

Suarga Set To Hit Sustainable Spotlight

I'm in Bali now and one of the truly innovative new hotel projects to watch is Suarga.

Social Media Uproar Over Krabi Treegate

Thailand's social media recently vented rage over the cutting down of a massive Monkey Jack tree to be used for an art project.

 
 
VIDEO FEATURES

Excellent hotel room viral promo

More Videos...

 
 
 

Stay Connected

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Instagram
  • Follow Us on Pinterest
 
CURRENCY CONVERTER
 

*Disclaimer.

 

Insider Contact

Please complete all fields.