vrijdag 12 december 2014

Center Parcs operator unveils Chinese resort deal

Center Parcs owner Pierre & Vacances (PVAC.PA) has struck a long-term partnership deal with developer Beijing Capital Land to build holiday sites at destinations including Shanghai and Beijing, the French resort operator said on Thursday.

The agreement covers development of Center Parcs-inspired sites in France as well as China, Pierre & Vacances said in a statement, designed "to meet rising demand for local tourism for residents in major Chinese cities".

Shares in the company had risen earlier on Thursday to close 4.7 percent higher after Chief Executive Gerard Bremond told French daily Les Echos that he was discussing a Chinese deal, without identifying the partner.

 Bron: Reuters