ClubMed Lifestyle Group plans to expand its global resort network to roughly 85 properties by 2030. The expansion relies on an asset-light model across key international leisure markets.
Today, the Fosun International subsidiary operates 69 resorts across more than 40 countries and regions. It serves over 1.5 million guests each year.
Asset-light pipeline spans Asia and Europe
Since late 2025, the group has secured new resort agreements in China, Indonesia, Canada, Morocco, Brazil, the US Virgin Islands and Italy. Target markets include the European Alps, Mediterranean and North African coastlines, Northeast and Southeast Asia, and the Americas. Early development work is also underway in the Middle East.
Management relies on management contracts, integrated vacation destinations and cultural-tourism complexes rather than direct real estate ownership. In July, Club Med signed a memorandum of understanding with Microsoft at its Paris headquarters. The partnership applies cloud-native systems and artificial intelligence tools to resort operations and guest services. Microsoft France chief executive Corinne De Bilbao and ClubMed Lifestyle Group co-president Xu Bingbin led the signing.
Valuation shifts and operator competition
Resort operators across the Asia-Pacific region are shifting capital expenditure off their balance sheets. The strategy helps defend margins against volatile travel cycles. Rival luxury and leisure operators in Southeast Asia use similar management contracts to scale up without taking construction debt onto their books.
Brand consistency and service standards remain the central risk across third-party real estate as networks grow. Meanwhile, developers in regional resort hubs face high financing costs. Operational efficiency and direct booking technology will determine whether newly signed properties stay profitable.
Fosun prepares Hong Kong public float
This push follows a corporate restructuring by parent company Fosun International. On August 28, the World Travel & Tourism Council admitted ClubMed Lifestyle Group as a global member. The business filed a formal listing application with the Hong Kong Stock Exchange on August 29 to spin off the vacation unit into an independently traded entity.
Fosun reported total revenue of RMB86.96 billion and a net profit of RMB1.72 billion for the first half of 2026. The upcoming Hong Kong listing will determine how much capital the business secures to add the final 16 resorts needed for its 2030 goal.
