Tiens Group, a Chinese company boasting some 12,000 employees is organising a group vacation.
Company chairman Li Jinyuan is sending off half his team — about 6,400 employees — on a 4-day trip to France, The Guardian reports.
A French foreign ministry spokesman tells the publication the huge group basically locked down Paris, booking 140 hotels for the trip.
French newspaper Le Parisien says the vacationers will spend part of their time in Nice, where they will tour the Louvre and other locales.
The group is expected to spend about $US15 million (about €13 million euros) on the trip. It’s happening during a time when France — the most popular vacation spot in the world — is recovering from a tough economy.
The National Institute of Economic and Social Research announced findings this week that Britain is overtaking France as Europe’s second-largest economy. Despite this, government figures show some 85 million tourists head to France each year.
Tiens Group opened its doors in 1995, eventually growing into a massive international outfit that spans e-commerce, hotel and tourism and biotech industries. It’s chairman, Li Jinyuan, was listed on the 2011 Forbes billionaires list.
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.