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Fosun Tourism's sales volume drops 15.9% in Q1

04/30/2020| 11:11:07 AM| ChinaTravelNews 中文

Resort operation in the first two months grew 8% despite the COVID-19 outbreak since late January.

Leisure travel and resort company Fosun Tourism said its total business volume in tourism operations declined 15.9% to RMB 4,089 million (USD 578 million) in the first quarter this year. 

Business volume of resort operation in the first two months of 2020 grew 8% year-on-year despite the COVID-19 outbreak since late January.     

The company's non-mainland-China resorts gradually suspended operations since late March due to the spread of the pandemic globally. 

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TAGS: Fosun Tourism | resort | business volume
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