Club Med Owner Says Doing 'Very Well' in Hainan Without Casinos

The video discusses the growth and expansion of integrated resorts under the Casa Cook and Sunwing brands, set to open in Lijiang. It highlights the successful joint venture with Thomas Cook in China, focusing on travel and resort businesses. The speaker addresses concerns about market segmentation and competition, emphasizing the introduction of diverse brands to cater to different customer needs. The investment in Hainan, particularly the Atlantis resort, is explored, with a focus on the anticipated but unrealized casino development. The video concludes with insights into Hainan's growing appeal as an international tourist destination.

What is the main focus of the joint venture between the company and Thomas Cook in China?

• Building a theme park

• Developing a new airline

• Expanding the travel business

• Launching a new cruise line

How does the company plan to address potential competition between its resort segments?

• By focusing only on international customers

• By reducing the number of resorts

• By introducing different brands and positioning

• By merging all segments into one

What was the company's expectation regarding casinos in Hainan?

• They were not interested in the casino business

• They planned to build their own casinos

• They expected casinos to open soon

• They did not expect casinos to open

What is the significance of Hainan as a tourist destination?

• It is only popular among local tourists

• It is becoming an international destination

• It is known for its historical sites

• It is primarily a business travel hub

What is the company's current stance on the casino business in Hainan?

• They are uncertain about the future of casinos

• They believe casinos will open soon

• They have abandoned all casino plans

• They are actively pursuing casino licenses