Club Med lifestyle group files for Hong Kong listing

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  • Listing application submitted to Hong Kong Stock Exchange
  • EUR1.95bn revenue in 2025 with EUR390m EBITDA
  • 69 resorts currently, aiming for 85 by 2030
  • Joint sponsors: BNP Paribas, HSBC and J.P. Morgan
  • Proceeds to support network expansion and digital capabilities

Fosun International’s Club Med Lifestyle Group has submitted a listing application to the Hong Kong Stock Exchange. The entity operates premium all-inclusive resorts under the Club Med brand, currently with 69 properties, and aims for around 85 resorts worldwide by 2030. Revenue reached EUR1.95bn in 2025 with adjusted EBITDA of EUR390m. Proceeds will support global network expansion, upgrades to vacation offerings and digital and AI capabilities. Club Med ranks as the world’s largest all-inclusive resort brand by business volume in key regions.

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The spin-off and proposed initial public offering mark a major strategic shift for the French all-inclusive resort operator since Fosun took the company private and delisted it from the Paris stock exchange in 2015. Joint sponsors include BNP Paribas, HSBC and J.P. Morgan. Adjusted EBITDA margin stood at 20.2pc for 2025. The company targets operating approximately 85 resorts globally by 2030, with a longer-term roadmap aiming for 100 resorts by 2035.

Proceeds from the public offering will be funneled into expanding the global resort network, upgrading vacation products, optimising capital structure and boosting digital and AI capabilities. The listing application follows the company’s strategic shift toward expanding its presence in key resort markets. Club Med’s current footprint of 69 premium resorts operates worldwide.

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