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ClubMed Lifestyle Group files for Hong Kong Stock Exchange listing
ClubMed Lifestyle Group, a subsidiary of Fosun International, has submitted an application to list on the main board of the Hong Kong Stock Exchange. The group, which uses Club Med as its core brand, specializes in operating high-end all-inclusive resorts.
Financial disclosures indicate that the group's revenue grew from 1.86 billion euros in 2023 to a projected 1.95 billion euros in 2025. The adjusted EBITDA for 2025 is expected to reach 390 million euros, representing an adjusted EBITDA margin of 20.2%.
Currently operating 69 high-end resorts globally, the group aims to expand its network to approximately 85 resorts by 2030. The proceeds from the initial public offering are intended to fund global network expansion, product upgrades, digitalization, and the development of AI capabilities. BNP Paribas, HSBC, and J.P. Morgan are acting as joint sponsors for the listing.
Entities
Club Med · ClubMed Lifestyle Group · Fosun International · Hong Kong Stock Exchange · Xu Xiaoliang
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The group aims to expand its global resort network to approximately 85 locations by 2030.
- [● 3 SOURCES] Proceeds from the IPO will be used for global network expansion, product upgrades, and AI development.
- [● 3 SOURCES] ClubMed Lifestyle Group's revenue is projected to reach 1.95 billion euros in 2025.
- [● 3 SOURCES] The group's 2025 adjusted EBITDA is expected to be 390 million euros.
- [● 2 SOURCES] BNP Paribas, HSBC, and J.P. Morgan are serving as joint sponsors for the listing.
- [● 3 SOURCES] Club Med currently operates 69 high-end resorts globally.
- [● 3 SOURCES] ClubMed Lifestyle Group has submitted an application to list on the Hong Kong Stock Exchange main board.