Club Med Plans IPO to Raise $500 Million, Aims to Expand to 85 Resorts by 2030
🏨 Céline Dion's return to Paris concerts coincides with Pope's vigil, posing a weekend clash. Club Med, operating 69 resorts, plans expansion to 85 by 2030, leveraging an asset-light model. Fosun's 2025 filing reports €1.949bn revenue, €10.917m profit, and €390m EBITDA. Club Med, TIME's top 100 company, eyes a $500m IPO. Balancing heritage and AI, it competes with Marriott and Hyatt in the luxury all-inclusive sector.
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