Core Viewpoint - The appointment of Stéphane Maquaire as the new CEO of Club Med is aimed at continuing the company's internationalization strategy while maintaining its French roots and core values [1][2]. Group 1: Leadership and Strategy - Stéphane Maquaire was recommended by former president Henri Giscard d'Estaing and has a strong background in high-end brand transformation and commercial real estate [1]. - The decision to retain the decision-making center in France reflects the company's commitment to its French heritage while expanding in international markets [1][2]. Group 2: Financial Performance - Since Fosun Group's acquisition in 2010, Club Med has invested nearly €800 million, with revenue increasing from €1.5 billion to €2.1 billion and operating profit growing over five times [2]. - Despite a slowing market economy, Club Med's revenue in China is projected to grow by 8.5% in 2024 compared to 2023, with significant increases during key holiday periods [3]. Group 3: Market Expansion - The number of Club Med resorts in China has grown from 0 to 11 since Fosun's investment, making China the second-largest source of guests globally [2]. - The company plans to expand its short-distance travel product line, aiming to increase the number of resorts from 6 to around 20 within five years [4]. Group 4: Customer Trends - Post-pandemic, Chinese consumers are increasingly focused on cost-effectiveness and quality, leading to a stronger market for high-quality resorts [3]. - The main sources of inbound tourists to Club Med in China include Hong Kong, Singapore, Malaysia, and Thailand, with a growing interest in culturally rich destinations [3]. Group 5: Future Plans - Club Med has no immediate plans for selling minority stakes or an IPO, indicating a focus on internal growth and expansion [5].

Core Viewpoint - Despite a slowdown in market economic growth, Club Med's market share in China is experiencing growth, with revenue increasing by 8.5% compared to 2023 [1][4]. Group 1: Leadership Changes - Stéphane Maquaire has been appointed as the new President and CEO of Club Med, recommended by former President Henri Giscard d'Estaing [1]. - Maquaire has a strong background in high-end brand transformation and commercial real estate, previously serving as President and Executive Director of Carrefour Brazil and Latin America [1]. - The company emphasizes maintaining its French roots and core values while pursuing internationalization under Maquaire's leadership [1][2]. Group 2: Financial Performance - Since Fosun Group's acquisition in 2010, Club Med's total investment has reached nearly €800 million, with revenue growing from €1.5 billion to €2.1 billion and operating profit increasing over fivefold [2]. - In the Chinese market, guest numbers have surged from 20,000 to over 300,000, making it the second-largest source of customers globally for Club Med [2]. Group 3: Market Trends and Consumer Behavior - The Chinese market is showing resilience, with a 3% increase in revenue during the Spring Festival and a 15% increase during the May Day holiday [4]. - Pre-booking revenue for the second half of 2025 has increased by over 40% compared to 2024, with domestic and inbound markets seeing a 50% increase [4]. - Post-pandemic, Chinese consumers are focusing more on cost-effectiveness and quality, leading to a growing market for high-quality resorts [5]. Group 4: Expansion Plans - Club Med plans to expand its short-distance travel product line, aiming to increase the number of resorts from 6 to around 20 within five years, with a new resort opening in Hangzhou [6]. - Traditional all-inclusive resorts will continue to seek opportunities in Northeast China, Zhangjiakou, Xinjiang, and Hainan for new locations [6]. - There are currently no plans for selling minority stakes or an IPO in the short term [6].

Group 1 - The core viewpoint of the articles highlights the successful growth and expansion of Club Med under the ownership of Fosun International, marking its 75th anniversary and significant achievements in the global market [1][2] - Since Fosun's strategic investment in 2010, Club Med has added 26 resorts globally, with a notable increase in the Chinese market, where the number of resorts has grown from 0 in 2010 to 11 by 2024, and customer numbers surged from 20,000 to 310,000 [1] - Club Med operates nearly 70 resorts across 26 countries, receiving over 1.5 million guests annually and achieving an annual revenue exceeding €2 billion [1] Group 2 - Fosun International's co-CEO and chairman of Fosun Tourism, Xu Xiaoliang, expressed confidence in Club Med's unique business model and global potential, emphasizing the importance of integrating global resources and optimizing local operations for high-end transformation [2] - Club Med has enhanced its digital marketing and channels, achieving a global direct and semi-direct sales rate of 72% by leveraging digital experiences from the Chinese market [2] - The company has established 38 sun resorts globally and plans to introduce a luxury French sailing cruise product line to the Chinese market by 2025, catering to the growing demand for high-quality vacations [2] - In response to the Chinese market's characteristics of "more holidays, shorter time," Club Med has launched two new product lines focused on short-distance vacations, achieving an average occupancy rate of over 95% during the recent May Day holiday [2]