China 's HNA Tourism Group has teamed up with France 's Centre Parcs holiday company ; the joint venture will be 100 % owned by HNA Tourism , with the idea of creating holiday destinations near major Chinese cities , such as Beijing , Guangzhou , Shanghai and Shanghai . These agreements are twofold: firstly, development of Pierre & Vacances-Center Parcs concepts in China and secondly, equity investment from HNA Tourism Group into Pierre et Vacances S.A. capital. Part of the plan is to also create mountain resorts to tap into the growing middle class demand for winter sports and interest in the upcoming 2022 Winter Olympic Games in Beijing .
China 's HNA Tourism Group has teamed up with France 's Centre Parcs holiday company ; the joint venture will be 100 % owned by HNA Tourism , with the idea of creating holiday destinations near major Chinese cities , such as Beijing , Guangzhou , Shanghai and Shanghai . Part of the plan is to also create mountain resorts to tap into the growing middle class demand for winter sports and interest in the upcoming 2022 Winter Olympic Games in Beijing .