NEWS
GOCO Hospitality invests in fitness brand Space Cycle for international expansion
POSTED 08 Mar 2018 . BY Jane Kitchen
International wellness consultancy, development and management firm GOCO Hospitality has entered into a long-term strategic partnership with fitness company Space Cycle. Joining other investors, including Alibaba, GOCO will help bring the firm to a wider international market.

Space Cycle, the brainchild of former music industry executive Matthew Allison, is a workout that includes high-intensity cycling, barre, yoga, and dance, combining inspirational coaching with motivational playlists. The brand’s facilities feature high-end sound systems and theatrical lighting.

With flagship Space Cycle studios already in Taipei, Beijing and Shanghai, the new partnership with GOCO is set to provide the company with a platform for global expansion through integration with the GOCO Hospitality network. GOCO plans to bring Space Cycle to select GOCO spas and Retreats, including Glen Ivy Hot Springs in California.

“Today’s wellness enthusiasts are seeking unique experiences, and we see Space Cycle as the leading brand changing the relationship of group fitness in the wellness industry,” said Ingo Schweder, founder and CEO of GOCO Hospitality. “Its offering – a winning combination of celebrity-inspired workout classes and powerful music – will help expand and diversify our guests’ experiences, while supporting them on their journey of fitness and long-term health benefits. I’m extremely excited about this opportunity as we find our own core values and wellness philosophies very much aligned with the ones of Space Cycle.”

To realise synergistic opportunities, both founders – Schweder and Allison – will take strategic roles in the advisory boards of each other’s companies, cementing a business partnership born out of a 25-year friendship and shared vision for the industry.

“GOCO Hospitality is a visionary wellness resort and spa developer, and we are excited to be part of their growth strategy around the world,” said Allison. “We’re looking forward to being the first premium fitness brand that is part of GOCO Hospitality’s worldwide client base, enabling us to expand into the United Arab Emirates, Europe and North America. We’re convinced that our partnership will provide a transformational workout to GOCO Hospitality customers and clients worldwide.”

 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Spa Business - GOCO Hospitality invests in fitness brand Space Cycle for international expansion...
19 Sep 2018 Spa Business: uniting the world of wellness
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

08 Mar 2018

GOCO Hospitality invests in fitness brand Space Cycle for international expansion
BY Jane Kitchen

GOCO Hospitality CEO Ingo Schweder, left, and Space Cycle CEO Matthew Allison

GOCO Hospitality CEO Ingo Schweder, left, and Space Cycle CEO Matthew Allison
photo: GOCO Hospitality

International wellness consultancy, development and management firm GOCO Hospitality has entered into a long-term strategic partnership with fitness company Space Cycle. Joining other investors, including Alibaba, GOCO will help bring the firm to a wider international market.

Space Cycle, the brainchild of former music industry executive Matthew Allison, is a workout that includes high-intensity cycling, barre, yoga, and dance, combining inspirational coaching with motivational playlists. The brand’s facilities feature high-end sound systems and theatrical lighting.

With flagship Space Cycle studios already in Taipei, Beijing and Shanghai, the new partnership with GOCO is set to provide the company with a platform for global expansion through integration with the GOCO Hospitality network. GOCO plans to bring Space Cycle to select GOCO spas and Retreats, including Glen Ivy Hot Springs in California.

“Today’s wellness enthusiasts are seeking unique experiences, and we see Space Cycle as the leading brand changing the relationship of group fitness in the wellness industry,” said Ingo Schweder, founder and CEO of GOCO Hospitality. “Its offering – a winning combination of celebrity-inspired workout classes and powerful music – will help expand and diversify our guests’ experiences, while supporting them on their journey of fitness and long-term health benefits. I’m extremely excited about this opportunity as we find our own core values and wellness philosophies very much aligned with the ones of Space Cycle.”

To realise synergistic opportunities, both founders – Schweder and Allison – will take strategic roles in the advisory boards of each other’s companies, cementing a business partnership born out of a 25-year friendship and shared vision for the industry.

“GOCO Hospitality is a visionary wellness resort and spa developer, and we are excited to be part of their growth strategy around the world,” said Allison. “We’re looking forward to being the first premium fitness brand that is part of GOCO Hospitality’s worldwide client base, enabling us to expand into the United Arab Emirates, Europe and North America. We’re convinced that our partnership will provide a transformational workout to GOCO Hospitality customers and clients worldwide.”




Connect with
Spa Business
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Massive Turkish wellness project includes three hotels, thermal baths, residences
Massive Turkish wellness project includes three hotels, thermal baths, residences   17 Sep 2018

Turkish architects Project Design Group have designed the KentPlus Yalova Wellness Spa Resort in Armutlu, Yalova in Turkey, which is due to open at .... more>>
Jenna Laramee joins WTS International
Jenna Laramee joins WTS International   17 Sep 2018

Jenna Laramee has been named corporate operations director for spa at consultancy and management firm WTS International. Laramee, who holds a .... more>>
Laurie Nicoll Nord and Julio Lamberty partner to launch new skincare company
Laurie Nicoll Nord and Julio Lamberty partner to launch new skincare company   17 Sep 2018

Veteran skincare professionals Julio Lamberty and Laurie Nicoll Nord have joined forces to launch Luxury Wellness International, a new skincare .... more>>
Mandarin Oriental to open resort in Phuket
Mandarin Oriental to open resort in Phuket   12 Sep 2018

Mandarin Oriental will manage a new luxury resort on Phuket Island in Thailand, scheduled to open in 2022. The 105-bedroom Mandarin Oriental, Phuket .... more>>
New medical director at Lanserhof has childhood connection to resort
New medical director at Lanserhof has childhood connection to resort   13 Sep 2018

Dr Katharina Sandtner has been appointed medical director at Lanserhof Lans in Austria, effective January 2019. As the new medical director, .... more>>
Company profile


ResortSuite

Founded in 2000 by Frank Pitsikalis, ResortSuite is a cutting-edge software company specialising in integrated hospitality management systems.

View full profile>>

Catalogue gallery


Featured Supplier

Visibility, flexibility and mobility - A roundup of mobile apps for spa management

Visibility, flexibility and mobility - A roundup of mobile apps for spa management

Spa directors need flexibility and mobility to effectively manage their spa and engage with guests. More>>




in this issue

• PHE: prevention key to NHS strategy
• Jetts Fitness targets further UK growth
• GNH merges with Hotel Partnership



Spa jobs




Spa Manager
Salary: Competitive Salary & Benefits
Location: Coventry, UK
Company: CV Life
Personal Trainer / Wellness Coach (female only)
Salary: IRO £22,800 per annum tax-free + 10% commision
Location: London, UK
Company: SportsJobs4Women
Spa Manager
Salary: Circa €46,800 per annum plus 13% bonus
Location: Ballymahon, County Longford, Ireland
Company: Center Parcs Ireland
Diary dates
Powered by leisurediary.com




24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia


16-19 Sep 2018

Decorex International 2018

Syon Park, London,



Spa Business magazine 2018 issue 3
Spa Business
2018 issue 3

View issue contents
View on turning pages
Download PDF
  New opening: Euphoria Retreat
Marina Efraimoglou promises to transform mind, body and spirit with her new spa in Greece More>>
  Finishing touch: Digital Detox
A new white paper highlights the impact technology has on our wellbeing More>>


Spa Business magazine 2018 issue 2

Spa Business
2018 issue 2

View issue contents
View turning pages
Download PDF
  Editor’s letter: Let’s take the lead
Liz Terry shares her thoughts More>>
  Interview: Chenot Group
Fresh investment spurs on growth of the renowned Chenot brand More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd