Thursday 10 October 2013

Fosun: bringing a bit of Dubai back to China | beyondbrics

Fosun: bringing a bit of Dubai back to China | beyondbrics:

"
Travel can certainly be an eye-opener.

Guo Guangchang, chairman of Fosun, China’s largest private conglomerate, had so much fun with his young family at the exclusive Atlantis resort in Dubai that he made a deal with developer Kerzner International to build his very own Atlantis resort back home in China – at a cost of $1.5bn.

Guo, who announced the deal for a new Atlantis resort to be built in the southern Chinese seaside city of Sanya on Thursday, seems to take China’s lack of tourism facilities personally: “I love travelling but being on the road (in China) is not just joyful but also painful” he told a press conference, saying that he got so fed up with the long queues at Hong Kong’s Ocean Park that he tasked his wife to find a destination with a water park and no crowds."

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