复星旅游文化中期报告2023

20232023Club Med 202320235Casa CookCook’s Club ClubMed120226307,352.320236309,488.029.0%20226306,416.520236308,898.820226301,893.120236303,076.6EBITDA20226301,195.120236302,299.72023630471.82022630196.6 Club Med RESORTSANDHOTELSCLUB MED CLUB MED Club Med19502023630406634122091041152023Club Med70.4% 2023Club Med2023120232019 202212.5%42.4%4.7%2 0 1 99 1 . 4 %109.8%102.2% 2023Club Med62.4%20223.320192.71,753.32 0 2 22 0 1 91 0 . 6 %32.2% 2023ClubMed7,938.8202232.2%2019119.6% 2019ClubMed64.6%12.7%7.3%202320192023Club Med320.52022247.6%201983.1% 2022EBITDA1,165.32023EBITDA1,987.2 2023Club Med2022 20222019 2023ClubMed202213.4%201999.2% 2023202235.4%201964.6% 202222022Sandpiper202225.2% 20232022201954.2%110.4% Tignes202212Vald’IsèrePragelato20234,646.12022201914.3%12.7% 2023201992.7%20232019202220192023 2022247.0% 20234KemerTurkish OZAK Group240.1219.42023 20235Les BoucaniersFrench Caisse des Depôts et ConsignationsInvadGroup20232024148.463.7 2023771.1202223.5%2023201924.8% —ClubMedClub MedG.EG.OClubMed —20232022MarbellaNewTignesVal d’IsèreKiroro PeakLesBoucaniers20232024KemerLa Rosiere202363096.9%201911.2 (a)Club Med(b) 1BREEAM2Green FarmerAgrisud2023ESG —20232,713.934.2%2022201911.2%9.3% C2M—2023ClubMed70.4%20220.920196.929.4%20221.7 —2021Green Globe (Green Globe) 2 202320222023331)2)3)That’s L’esprit Librel’esprit libre 2023630330.7202230.5%20197.0% 202363011,586.8 20232024202385202320228620226%201986201921%2024 2024Club Med202286202327%202187202254% 2025ClubMed21%43.8 2023Club Med12%Club Med16%6.52025202215%17.7 202342•Kiroro GrandLa Rosière 20232025172025202220% FOSUNHOLIDAY20236.0202211.7%20236302022125.8% 1 2 1,314200,0005,000MICE3201420184 12Kerzner3 202311626.820234282023630— 20232022486.92023887.1202282.2%2,408.386.2%40.12022153.5317.82023EBITDA461.02022206.8122.9% 630 20236302 2022202320237191.9202210.8%88.3%3,007.2 20237— 34.12022137.0%20232023 20192C2021C202375.6%110.3%2023 2023IP 1,286,000132554,000 483,00030 CompagniedesAlpsCDA2021190,000500WYSS ClubMed• 20Club MedEcole du Ski FrancaisESF20236 20236Club Med• 2021ClubMed•2023 Club Med•20216GENSLER67,60020236ClubMed•50,000308770MICE 20236306,086.52,280.01,129.62023630229,274.92,020202363088,726.1353.2 695,000Club Med283,00040Club Med56,785302770208,000 202020212021ClubMed20221 202192520232023+1,500 202362023TRUE2022TOP7 202339.66.4 2023630 20236301,697.11,300.0562.4202363028,500 482202363022,250.934.5 2023630 2023723.420222.3%20.82 1.8Club Med21.51,11784.5% 201911Thomas CookThomas Cook2023ThomasCookThomas Cook 20232+2+ClubMed+TomamuAPP 2023TCClubMed 2023177.5202211.5%41.32022128.0% 2023630613.017.1%202352.412.6%5.613.6% 20232023736.62022IP THOMAS COOK 2023 2023Thomas Cook7 Thomas Cook 20226306,416.538.7%20236308,898.8 Club MedClub MedClub Med20226305,611.033.8%20236307,506.8Club Med13.4%3.310.6% C2022630508.084.5%2023630937.5C ClubMedClub MedClub Med1451366.8%358.4Club Med132.8%26.3 12.3% 20226304,523.428.7%20236305,822.2 62.5%29.5%34.6%Club Med50.5%Club Med2,353.731.5%Club Med2019148.7%39.3%52.9%164.0%26.9%41.3%Club Med 2023384.570.32023(i)Club Med283.1(ii)Casa CookCook’s Club49.9(iii)70.3 202363022.8%1,202.0(i)46.4%400.52022273.6(ii)51.6 29.9%2023906.7(i)202347.1(ii)Club MedIT50.4IT(iii) 20231,352.4286.6 ClubMedClubMed20231,177.32022400.0Club Med 2022118.32023346.8 202374.9202212.62023630112.947.4 202363034.9202289.9 2022483.9176.42023660.3202363020226302,404.9 202210.6177.62023188.2202363038.4Club Med116.4 30%60% EBITDAEBITDAEBITDAEBITDA EBITDA 20221,195.120232,299.7 ClubMedEBITDA20231,987.21,165.3201948.2%2023EBITDA2022228.6452.52023EBITDA20220.767.22023630EBITDA90.5EBITDA45.0 20222023630587.5746.120232023630Club Med330.777.3107.5 202363024,214.212,240.52022123111,961.9 202363080.2%2022123179.3%202363010.7%3,302.4202212312,984.220236302,929.7 2023630 2023 202363012,240.52,422.520236302,929.7 202363019.8%22.8%9.5%47.9% 2022123137,930.0202363039,146.92022123135,298.9202363036,236.9202212315,163.220236304,999.1 202212310.6520236300.66 2022123153.6%202363053.4% 20236305,944.0202212315,711.113 6303,302.4 20236301,651.5678.6(A)976.4660.3331.7(B)(i)Club Med479.9ClubMed173.4(ii)187.0(C)98.4 2023630251.3(i)674.1(ii)KemerLes BoucaniersCasa CookCook’s Club429.4 20236301,103.1(i)741.4(ii)399.1(iii)60.2 20236309,632.814,631.9202212315,163.220236304,999.1202212310.6520236300.663,302.42,929.72,422.5 2023630160.420221231823.717 4020232022202363054.070.3 20222023630441.862.4Club Med 2023630 20236302022123154.5%54.8% 202363020221231 Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong 復星旅遊文化集團 5285復星旅遊文化集團343434 2410 34 2023630 (i)20236308.438.379.37257,200116,00037,50032411,137,0007,928,000 202363022,883,000 (i)202132022 (ii)20226302018503,9273557,347,0007,347,000 20226308.438.37681,14847,5005225,537,0002,879,000 202263014,642,000 2023630 1. 復星旅遊文化集團復星旅遊文化集團（開曼）有限公司2016930201882復 星 旅 遊 文 化 集 團HarneysFi