- “Fosun Tourism Group is one of the core businesses of Fosun [International], and Club Med is one of the core businesses of Fosun Tourism Group,” Xu Bingbin, co-president of Fosun Tourism Group, told CNBC in an exclusive interview.
- While there’s been a “significant demand for outbound travel” since China’s reopening, there’s still some catching up to do, Xu acknowledged.
- There was a strong rebound in Club Med’s business from the Americas and EMEA from the second half of 2021, but operating…