China's HNA Tourism Group has teamed up with France's Centre Parcs holiday resorts; the joint venture will be 60% owned by HNA Tourism, with the idea of creating holiday destinations near major Chinese cities, such as Beijing, Chengdu, Fuzhou and Shanghai. The completion of the reserved capital increase remains subject to customary conditions (including the approval of the share capital increase and the election of members proposed by HNA Tourism Group by a general assembly of PVSA shareholders that should be the general assembly for the PVCP’s annual accounts approval for the year ending September 2015 that will occur in the first quarter of 2016). The new resort is expected to open in 2018 or 2019, according to a statement from China Tourism.http://www.cbc.ca/news/canada/british-columbia/story/2013/06/15/@@
China's HNA Tourism Group has teamed up with France's Centre Parcs holiday resorts; the joint venture will be 60% owned by HNA Tourism, with the idea of creating holiday destinations near major Chinese cities, such as Beijing, Chengdu, Fuzhou and Shanghai. The new resort is expected to open in 2018 or 2019, according to a statement from China Tourism.http://www.cbc.ca/news/canada/british-columbia/story/2013/06/15/@@