News Snapshot:
Fosun Tourism Group, the tourism arm of the investment company Fosun International of Shanghai billionaire Guo Guangchang, said the loss in the first six months of 2022 narrowed to 197 million yuan, or $29 million, from 2 billion yuan a year earlier. , as travel picked up and the impact of Covid-19 eased in key global markets except China. Sales at the company, of which Club Med, Atlantis and Thomas Cook have global brand ownership or partnerships, more than doubled to 6.4 billion yuan from 2.8 billion yuan a year earlier, Fosun Tourism said Monday after the trade close. on...
