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Pioneering new horizons: Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio

Business

Pioneering new horizons: Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio
Business

Business

Pioneering new horizons: Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio

2025-08-07 20:54 Last Updated At:21:15

HO CHI MINH CITY, Vietnam, Aug. 7, 2025 /PRNewswire/ -- Club Med, the pioneer in premium all-inclusive holidays for 75 years, and PT Grahatama Kreasi baru (GKB), a leading Indonesian hospitality developer, announced the signing of a Hotel Management Agreement that heralds the highly anticipated Club Med Manado in North Sulawesi, adding another jewel to the East and Southeast Asia region portfolio.

This project reinforces Club Med's long-term commitment to Indonesia, becoming its third resort in the archipelago after the iconic Club Med Bali (1984) and Club Med Bintan (1997). The development underscores Club Med's strategic growth within Southeast Asia, aiming to offer even more diverse and premium holiday experiences in highly sought-after destinations.

Acknowledged as the "Land of the Smiling People," North Sulawesi is a captivating province brimming with vibrant culture and marine life. Located on the east bay of the island and just a 70-minute drive from Sam Ratulangi International Airport, Club Med Manado is a gateway to a natural paradise, featuring 250 rooms with breathtaking views of the Molucca Sea and Mount Klabat.

Guests can expect exciting dining concepts blending international cuisines with bold local Manadonese flavours. The resort will embody Club Med's signature blend of convivial spirit and diverse activities, including the renowned Kids Club and Amazing! Family programs. An Exclusive Collection space will also provide an elevated level of privacy and upscale amenities.

As part of its commitment to responsible growth, Club Med aims to achieve a BREEAM 'Very Good' certification for the new construction. Beyond this, the project is expected to create over 1,000 jobs for Indonesians, significantly boosting the local economy in Manado and providing long-term employment opportunities.

Club Med Manado is anticipated to open its doors in 2028.

ABOUT CLUB MED

Club Med, founded in 1950 by Gérard Blitz, invented the all-inclusive holiday club concept, adding in activities especially for children with the creation of the Mini Club in 1967. Led by its pioneering spirit, Club Med seeks out exceptional destinations and sites. Today, Club Med is the world's leading provider of upscale, all-inclusive holiday packages with a French touch for families and active couples. Club Med operates nearly 70 Resorts, of which 97% are rated Premium & Exclusive Collection. Present in 30 countries around the world, the Group employs more than 23.000 Gentle Organisers (G.Os) and Gentle Employees (G.Es), representing 110 nationalities.

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Pioneering new horizons: Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio

Pioneering new horizons: Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio

KCS Records Counter-Cyclical Gains as KuCoin Leads the Industry in Spot Market Share Growth

PROVIDENCIALES, Turks and Caicos Islands, Jan. 16, 2026 /PRNewswire/ -- KuCoin, a leading global cryptocurrency platform built on trust, has been recognized as one of the top three exchanges by annual market share growth in TokenInsight's newly released 2025 Cryptocurrency Exchange Annual Report.

The report highlights KuCoin's strong performance across multiple core indicators, underscoring its ability to deliver resilient growth amid an increasingly competitive and volatile market environment.

Market Share Growth Ranks Top Three Industry-Wide

According to TokenInsight's analysis of major centralized exchanges (CEXs), KuCoin's average market share achieved significant year-on-year growth in 2025, positioning the platform among the top three exchanges globally in terms of annual market share growth. As competition intensified and market concentration among leading platforms continued to fluctuate, KuCoin stood out as one of the few exchanges to achieve sustained positive growth, reflecting the long-term strength of its product structure, asset offerings, and global user base.

KCS Delivers Counter-Cyclical Performance, Ranking Top Three by Annual Price Growth

While many exchange tokens faced downward pressure throughout 2025, KuCoin's native token, KCS, delivered a counter-cyclical performance, ranking among the top three exchange tokens by annual price appreciation, trailing only OKB and BNB. TokenInsight's data shows that KCS maintained relatively stable performance over the year and was among the limited number of platform tokens to achieve positive annual returns, highlighting continued market confidence in KuCoin's ecosystem, strategic direction, and underlying fundamentals.

KuCoin Leads the Industry in Spot Market Share Growth

KuCoin's momentum was particularly evident in the spot market. TokenInsight data indicates that between January and December 2025, KuCoin recorded a net increase of 5.83% in spot market share, ranking first among all major centralized exchanges. This growth was driven by KuCoin's ongoing investment in spot asset availability, liquidity optimization, and global market coverage, further strengthening its position within the global spot trading landscape.

Building Long-Term Value Through Disciplined Growth

TokenInsight noted that 2025 marked a period of accelerated differentiation within the exchange sector, with market share dynamics and exchange token performance increasingly reflecting platforms' long-term operational capabilities and user trust.

KuCoin's strong showing across multiple key indicators demonstrates the effectiveness of its long-term, disciplined approach to platform development amid cyclical market fluctuations.

KuCoin stated that it will continue to prioritize security, compliance, and user experience, advancing the sustainable growth of its ecosystem and delivering stable and high-quality digital asset services to users worldwide.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital-asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

KCS Records Counter-Cyclical Gains as KuCoin Leads the Industry in Spot Market Share Growth

PROVIDENCIALES, Turks and Caicos Islands, Jan. 16, 2026 /PRNewswire/ -- KuCoin, a leading global cryptocurrency platform built on trust, has been recognized as one of the top three exchanges by annual market share growth in TokenInsight's newly released 2025 Cryptocurrency Exchange Annual Report.

The report highlights KuCoin's strong performance across multiple core indicators, underscoring its ability to deliver resilient growth amid an increasingly competitive and volatile market environment.

Market Share Growth Ranks Top Three Industry-Wide

According to TokenInsight's analysis of major centralized exchanges (CEXs), KuCoin's average market share achieved significant year-on-year growth in 2025, positioning the platform among the top three exchanges globally in terms of annual market share growth. As competition intensified and market concentration among leading platforms continued to fluctuate, KuCoin stood out as one of the few exchanges to achieve sustained positive growth, reflecting the long-term strength of its product structure, asset offerings, and global user base.

KCS Delivers Counter-Cyclical Performance, Ranking Top Three by Annual Price Growth

While many exchange tokens faced downward pressure throughout 2025, KuCoin's native token, KCS, delivered a counter-cyclical performance, ranking among the top three exchange tokens by annual price appreciation, trailing only OKB and BNB. TokenInsight's data shows that KCS maintained relatively stable performance over the year and was among the limited number of platform tokens to achieve positive annual returns, highlighting continued market confidence in KuCoin's ecosystem, strategic direction, and underlying fundamentals.

KuCoin Leads the Industry in Spot Market Share Growth

KuCoin's momentum was particularly evident in the spot market. TokenInsight data indicates that between January and December 2025, KuCoin recorded a net increase of 5.83% in spot market share, ranking first among all major centralized exchanges. This growth was driven by KuCoin's ongoing investment in spot asset availability, liquidity optimization, and global market coverage, further strengthening its position within the global spot trading landscape.

Building Long-Term Value Through Disciplined Growth

TokenInsight noted that 2025 marked a period of accelerated differentiation within the exchange sector, with market share dynamics and exchange token performance increasingly reflecting platforms' long-term operational capabilities and user trust.

KuCoin's strong showing across multiple key indicators demonstrates the effectiveness of its long-term, disciplined approach to platform development amid cyclical market fluctuations.

KuCoin stated that it will continue to prioritize security, compliance, and user experience, advancing the sustainable growth of its ecosystem and delivering stable and high-quality digital asset services to users worldwide.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital-asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

KuCoin Ranks Among Top Three Exchanges by Market Share Growth in TokenInsight's 2025 Annual Report

KuCoin Ranks Among Top Three Exchanges by Market Share Growth in TokenInsight's 2025 Annual Report

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