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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:
Thailand-based Khiri Travel will highlight the opportunities of green travel at the upcoming PATA Travel Mart in Phnom Penh.
Both the Banyan Tree Phuket and Angsana Laguna Phuket resorts have been given EarthCheck bronze status.
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