Fosun Tourism Group seeks investors for its Atlantis Sanya resort and Club Med

The tourism subsidiary of Chinese conglomerate Fosun is looking to sell all or part of its luxury resort Atlantis Sanya, based on the island of Hainan. It is also said to be looking for investors for its other main asset, Club Med.


Fosun Tourism Group is looking to streamline its portfolio.


On March 7, Fosun International’s tourism subsidiary confirmed the information revealed the day before by Reuters: its wish to sell all or part of its luxury hotel complex, Atlantis Sanya, in southern China. The aim was to reduce the company’s high level of debt.


“Fosun Tourism is constantly reviewing and optimizing its business portfolio, focusing on the growth of its core businesses and will continue to strengthen its operational capabilities,” the Chinese company said in a statement, before adding that its “operations are running well” and its “financial position is stable”.


Chinese Hawaii


Atlantis Sanya is located in the seaside town of Sanya, on the island of Hainan. Considered the “Hawaii of China”, this island province with its tropical climate, famous for its many beaches and luxury hotels and boutiques, has been welcoming more and more Chinese tourists since the 1980s. It is now also targeting an international clientele.

To continue reading this article, subscribe or log in to your account

Discover our plans

Subscribe for 1€

Become an active member of the community of luxury leaders.


Featured photo : Atlantis Sanya Resort, Haïnan, Chine © Fosun International

Picture of Sophie Michentef
Sophie Michentef
Sophie Michentef has worked for more than 30 years in the professional press. For fifteen years, she managed the French and international editorial staff of the Journal du Textile. She now puts her press, textile, fashion, and luxury expertise at the service of newspapers, professional organizations, and companies.

Subscribe to our Newsletter

Sign up now to receive sneak previews of our programs and articles!

Launch offer:

Your participation in the Camille Fournet Masterclass reserved for annual subscriber !

Luxus Plus Newsletter