BIZ SHOT!

An artist’s impression of the Atlantis resort in Sanya, China. Chinese conglomerate Fosun International is teaming up with South African hotelier Sol Kerzner’s company to build a $1.5 billion resort on China’s holiday island Hainan. The 62-hectare property, which will feature a water park and luxury 1,300 room hotel, will be located in Hainan’s southern coastal city Sanya. -Reuters Source: KhaleejTimes