HONG KONG, 8 September 2026: Fosun International Limited’s subsidiary ClubMed Lifestyle Group has submitted a listing application to the Hong Kong Stock Exchange for its proposed separate listing on the Main Board.
According to the listing application materials, ClubMed Lifestyle Group operates premium all-inclusive resorts under the Club Med brand.
It also expands its vacation offerings, including Integrated Vacation Destinations and Cultural-Tourism Complexes through an asset-light model, as it continues to build diversified vacation lifestyles.
Club Med is the core brand of ClubMed Lifestyle Group. According to the listing application materials, Club Med was the world’s largest all-inclusive resort brand by revenue in 2025, ranking first in both Europe, the Middle East and Africa (EMEA) and Asia-Pacific. By number of resorts in 2025, Club Med is also the world’s largest mountain and ski resort brand.
To date, Club Med has established a global sales network spanning six continents and more than 40 countries and regions. It operates 69 premium resorts worldwide across a diverse range of destinations, including mountain and ski locations and sun-and-beach destinations. It is also the only resort brand with a presence in all four of the world’s major ski destinations.
According to the listing application materials, ClubMed Lifestyle Group’s revenue increased from EUR1.86 billion in 2023 to EUR1.95 billion in 2025, while gross profit rose from EUR540 million to EUR590 million. Adjusted EBITDA reached EUR390 million in 2025, with the adjusted EBITDA margin rising to 20.2% in 2025.
In 2026, Club Med was named to TIME’s list of the 100 Most Influential Companies in the world, becoming the only hotel and resort brand included that year.
ClubMed Lifestyle Group is expanding its vacation offerings through an asset-light model as it continues to build diversified vacation lifestyles. In terms of market size, the global vacation lifestyle market is expected to grow from USD2.5 trillion in 2025 to USD3.5 trillion in 2030.
Proceeds from the proposed listing will fund the expansion and upgrade of its global resort business.
(Source: Fosun)
