ClubMed Lifestyle Group Seeks Hong Kong Stock Exchange Listing
The resort operator, a Fosun subsidiary, reported EUR1.95 billion in revenue for 2025, leading the global all-inclusive resort market by revenue.
Hong Kong Listing Application Filed
ClubMed Lifestyle Group, a subsidiary of Fosun International Limited, has formally applied for a separate listing. The company submitted its application to the Hong Kong Stock Exchange. This proposed listing targets the Main Board. ClubMed Lifestyle Group primarily operates premium all-inclusive resorts globally.
These properties function under the well-recognized Club Med brand. The application details the group’s strategic direction. This public offering shows its intent to further develop its diversified vacation offerings.
Global Market Leadership
According to the listing application materials, Club Med held a significant market position in 2025. It ranked as the world's largest all-inclusive resort brand by revenue. This leadership extended across Europe, the Middle East, Africa, and the Asia-Pacific regions. Furthermore, Club Med was the world's largest mountain and ski resort brand by number of resorts in 2025.
The group currently operates 69 premium resorts worldwide. These destinations include popular mountain, ski, and sun-and-beach locations. Its extensive global sales network reaches over 40 countries across six continents.
Strong Financial Performance
The listing application materials reveal strong financial performance for ClubMed Lifestyle Group. Revenue increased from EUR1.86 billion in 2023 to EUR1.95 billion in 2025. Gross profit also demonstrated growth, rising from EUR540 million to EUR590 million over the same period. Adjusted EBITDA reached EUR390 million in 2025.
The adjusted EBITDA margin improved to 20.2% that year. In 2026, TIME magazine recognized Club Med. It became the only hotel and resort brand included on TIME's list of the 100 Most Influential Companies.
Strategic Expansion and Industry Outlook
ClubMed Lifestyle Group is expanding its vacation offerings through an asset-light model. This includes developing Integrated Vacation Destinations and Cultural-Tourism Complexes. Proceeds from the proposed listing will fund the expansion and upgrade of its global resort business. These developments will enhance properties suitable for destination weddings and honeymoons.
The global vacation lifestyle market is projected to grow significantly. It is expected to increase from USD2.5 trillion in 2025 to USD3.5 trillion by 2030. This expansion shows a commitment to diversified vacation lifestyles.
Implications for Asia's Wedding Market
For Asia's wedding and honeymoon market, this listing shows a major resort group's intent to invest further. Club Med's strong market position in Asia-Pacific, as revealed by its 2025 revenue ranking, suggests potential for new or enhanced resort options. These could serve destination weddings and honeymoons across the region.
Wedding planners and couples can anticipate continued development in premium all-inclusive offerings. The financial growth and planned expansions indicate a stable and growing partner for significant celebrations and romantic getaways.
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