China’s acquisitive conglomerate Fosun Group is betting on a luxury resort in the southern seaside city of Sanya, hoping to clone the success of a related comprehensive resort project in Dubai.
The island destination, also known as “China’s Hawaii”, will mark the opening of the Atlantis Sanya in April, according to Qian Jiannong, chairman and president of Fosun’s tourism unit.
The project takes its inspiration from the Atlantis, The Palm, in Dubai.
The Dubai hotel…
Source: SCMP – China