Latest
issue
GET SPA BUSINESS
magazine
Yes! Send me the FREE digital editions of Spa Business and Spa Business insider magazines and the FREE weekly Spa Business and Spa Business insider ezines and breaking news alerts!
Not right now, thanksclose this window
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
NEWS
Therme creating ‘natural-healing urban oasis’ in South Korea, eyes further locations in Asia and US
POSTED 08 Jul 2024 . BY Megan Whitby
Incorporating lush botanical gardens inside is a key design element at Therme Credit: Therme Group

Credit: Therme Group
We’re exploring numerous opportunities within South Korea and in other regions – the strong history of bathing culture across Asia makes many markets appealing
– Kim Insook
In the latest issue of Spa Business, top execs from Therme Group share exclusive insights into its global expansion plans, strategy, target markets, business model and more
Therme is expanding globally to make wellness accessible, with new locations in the US, Canada, the UK and South Korea
In partnership with Wund Holding, Therme operates four European facilities and plans to build at least six more globally, including a US$200 million project in Incheon, South Korea
Therme is exploring opportunities in major US cities, leveraging the decline in commercial real estate to establish wellness centers in metropolitan areas
Global wellbeing organisation Therme Group is on a mission to make wellness accessible to all and is expanding globally, bringing its social spas to the US, Canada, the UK and now South Korea.

Its existing locations are a new kind of spa – part thermal bathing, part indoor water park, part botanical garden – that’s described as a “state-of-the-art wellbeing oasis”.

In partnership with Germany’s Wund Holding, Therme currently operates four facilities in Europe in Germany and Romania, and intends to build at least six more globally.

In the latest issue of Spa Business, head of development at Therme Korea, Kim Insook, shares exclusive insights about the upcoming Korean project, which will mark Therme’s debut in Asia.

Therme South Korea, based in the South Korean city of Incheon, is expected to cost more than US$200 million (€184.8 million, £156.4 million) to create and “marks the beginning of Therme’s extensive plans” for the region, said Insook.

“We’re exploring numerous opportunities both within South Korea and in other regions. The strong history of bathing culture across Asia makes many markets appealing."

The project will be strategically located near Incheon’s Golden Harbor – known as the gateway to the country’s capital city of Seoul – boasting excellent connectivity.

The site is adjacent to an international ferry terminal, only 15 minutes from Incheon International Airport, and just an hour from Seoul city centre via public transport.

Insook said: “South Korea has a rich and varied history in the wellbeing space. It’s renowned for its health-giving food and bathing traditions dating back to the 15th century, which have evolved from medicinal origins to contemporary bath houses known as jjimjilbangs. We intend to reflect this local culture in our design, programming and restaurants

“It’s incredibly exciting to be introducing a natural-healing urban oasis to Korea, the likes of which has never been seen here before.

“On a personal note, I have a special interest in orchid gardens and am thrilled to showcase the best of Asian flowers to the world. We shouldn’t underestimate the wellbeing impact of immersing ourselves in nature.”

Why South Korea?

“Our research partnership with the Global Wellness Institute shows the wellness economy in South Korea is worth US$113 billion (€104.4 billion, £88.4 billion), making it the ninth-largest wellness market in the world," said Insook.

In an interview with Spa Business, Insook was joined by three colleagues: Robert Hanea, founder, chair and CEO of Therme Group; Patricia Popescu, head of architecture at Therme ARC; and Robert Hammond, president and chief strategy officer of Therme Group US.

Hammond shed light on the group's expansion plans in the US, saying Therme is eyeing up locations in east and west coast cities. The group is actively searching for locations in Washington DC and considering Atlanta, Los Angeles and Dallas.

“Commercial real estate has been hit by the decline of office workers, so there may be opportunities in San Francisco and New York now as well,” he said.

“Our product will work great in any metropolitan area. The greatest demand will be in the middle of cities and that’s also what differentiates us. There’s a desire for developers to bring people back downtown, so there’s a lot of spin-off if we can bring 1-2 million people to a site.

“From a civic point of view, this is also what cities need more of – there’s a wellbeing desert for accessible, central options.”

To check out more insights about Therme’s strategic business model, target markets, in-house architectural branch and more – head to the latest issue of Spa Business.
Credit: Mihai Capsaz
Credit: Therme Group
RELATED STORIES
  FEATURE: Top Team: Therme Group


With its focus on affordable wellness, Therme Group is expanding its social spa concept globally. Jane Kitchen speaks to the people behind the brand
  Therme Group confirms Incheon Golden Harbor location for South Korean wellbeing resort


Global wellbeing organisation Therme Group has announced the location of its first Asia Pacific project. The upcoming resort will open in South Korea’s Incheon City as part of its Golden Harbor development.
  Therme Group confirms Incheon Golden Harbor location for South Korean wellbeing resort


Global wellbeing organisation Therme Group has announced the location of its first Asia Pacific project. The upcoming resort will open in South Korea’s Incheon City as part of its Golden Harbor development.
  New designs unveiled for Therme Canada Ontario Place and Therme Manchester


Therme Canada has released a newly evolved project design for its West Island of Ontario Place destination. The facility will deliver Therme Group's signature year-round family-friendly destination attraction concept alongside four more acres of public parkland.
MORE NEWS
Auberge Resorts to land in London in 2025 with two-floor spa inspired by Roman bathing
Auberge Resorts Collection will launch its first UK property and destination spa in Mayfair, London, in 2025, following a deal with UK-based global private investment group Reuben Brothers.
Texas welcomes WorldSprings: a new 46-pool social bathing hot spot and spa
A large new mineral springs destination has launched in Texas, inspired by some of the world’s most famous hot springs – such as Jordan’s Dead Sea, Iceland’s Blue Lagoon and Mexico’s Grutas Tolantongo.
New study uncovers hidden wellness market segments
A thought-provoking, US national probability study, The WELLSurvey™, has revealed that the majority of Americans now include several health and wellness practices in their everyday lives. They also view the concepts of 'wellness' and 'wellbeing' differently.
The Well appoints Ariella Willoughby as VP of operations to drive global growth
US integrative wellness brand The Well has named Ariella Willoughby as its new VP of operations, aiming to drive significant growth and operational success across its current and future locations worldwide.
+ More news   

FEATURED SUPPLIERS

Advanced regeneration technology: enhance your skin's future with myLEDmask by myBlend
MyBlend’s innovative myLEDmask is the result of years of meticulous research and development in photobiomodulation, phototherapy and laser techniques by Dr Olivier Courtin and his team of experts. [more...]

IDEA® Health & Fitness Association partners with CoverMe Fitness to deliver real-world solutions for fitness professionals across the globe
IDEA® Health & Fitness Association and CoverMe Fitness are proud to announce a strategic partnership to address some of the biggest challenges facing fitness professionals and the industry at large, which will launch at IDEA® World Convention in the US this week. [more...]
+ More featured suppliers  
COMPANY PROFILES
Cariitti Oy

Cariitti is a Finnish family business founded by Kari Ruokonen in 1998 that offers versatile lightin [more...]
Unbescheiden GmbH

Unbescheiden GmbH was founded in 1869 in Baden- Baden, Germany [more...]
+ More profiles  
CATALOGUE GALLERY
 

+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-29 Jul 2024

Les Nouvelles Esthetiques Spa Conference 2024

Southern Sun Rosebank, Johannesburg, South Africa
03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
SPA BUSINESS
SPA OPPORTUNITIES
SPA BUSINESS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Products   Magazine   Subscribe
NEWS
Therme creating ‘natural-healing urban oasis’ in South Korea, eyes further locations in Asia and US
POSTED 08 Jul 2024 . BY Megan Whitby
Incorporating lush botanical gardens inside is a key design element at Therme Credit: Therme Group
Credit: Therme Group
We’re exploring numerous opportunities within South Korea and in other regions – the strong history of bathing culture across Asia makes many markets appealing
– Kim Insook
In the latest issue of Spa Business, top execs from Therme Group share exclusive insights into its global expansion plans, strategy, target markets, business model and more
Therme is expanding globally to make wellness accessible, with new locations in the US, Canada, the UK and South Korea
In partnership with Wund Holding, Therme operates four European facilities and plans to build at least six more globally, including a US$200 million project in Incheon, South Korea
Therme is exploring opportunities in major US cities, leveraging the decline in commercial real estate to establish wellness centers in metropolitan areas
Global wellbeing organisation Therme Group is on a mission to make wellness accessible to all and is expanding globally, bringing its social spas to the US, Canada, the UK and now South Korea.

Its existing locations are a new kind of spa – part thermal bathing, part indoor water park, part botanical garden – that’s described as a “state-of-the-art wellbeing oasis”.

In partnership with Germany’s Wund Holding, Therme currently operates four facilities in Europe in Germany and Romania, and intends to build at least six more globally.

In the latest issue of Spa Business, head of development at Therme Korea, Kim Insook, shares exclusive insights about the upcoming Korean project, which will mark Therme’s debut in Asia.

Therme South Korea, based in the South Korean city of Incheon, is expected to cost more than US$200 million (€184.8 million, £156.4 million) to create and “marks the beginning of Therme’s extensive plans” for the region, said Insook.

“We’re exploring numerous opportunities both within South Korea and in other regions. The strong history of bathing culture across Asia makes many markets appealing."

The project will be strategically located near Incheon’s Golden Harbor – known as the gateway to the country’s capital city of Seoul – boasting excellent connectivity.

The site is adjacent to an international ferry terminal, only 15 minutes from Incheon International Airport, and just an hour from Seoul city centre via public transport.

Insook said: “South Korea has a rich and varied history in the wellbeing space. It’s renowned for its health-giving food and bathing traditions dating back to the 15th century, which have evolved from medicinal origins to contemporary bath houses known as jjimjilbangs. We intend to reflect this local culture in our design, programming and restaurants

“It’s incredibly exciting to be introducing a natural-healing urban oasis to Korea, the likes of which has never been seen here before.

“On a personal note, I have a special interest in orchid gardens and am thrilled to showcase the best of Asian flowers to the world. We shouldn’t underestimate the wellbeing impact of immersing ourselves in nature.”

Why South Korea?

“Our research partnership with the Global Wellness Institute shows the wellness economy in South Korea is worth US$113 billion (€104.4 billion, £88.4 billion), making it the ninth-largest wellness market in the world," said Insook.

In an interview with Spa Business, Insook was joined by three colleagues: Robert Hanea, founder, chair and CEO of Therme Group; Patricia Popescu, head of architecture at Therme ARC; and Robert Hammond, president and chief strategy officer of Therme Group US.

Hammond shed light on the group's expansion plans in the US, saying Therme is eyeing up locations in east and west coast cities. The group is actively searching for locations in Washington DC and considering Atlanta, Los Angeles and Dallas.

“Commercial real estate has been hit by the decline of office workers, so there may be opportunities in San Francisco and New York now as well,” he said.

“Our product will work great in any metropolitan area. The greatest demand will be in the middle of cities and that’s also what differentiates us. There’s a desire for developers to bring people back downtown, so there’s a lot of spin-off if we can bring 1-2 million people to a site.

“From a civic point of view, this is also what cities need more of – there’s a wellbeing desert for accessible, central options.”

To check out more insights about Therme’s strategic business model, target markets, in-house architectural branch and more – head to the latest issue of Spa Business.
Credit: Mihai Capsaz
Credit: Therme Group
RELATED STORIES
FEATURE: Top Team: Therme Group


With its focus on affordable wellness, Therme Group is expanding its social spa concept globally. Jane Kitchen speaks to the people behind the brand
Therme Group confirms Incheon Golden Harbor location for South Korean wellbeing resort


Global wellbeing organisation Therme Group has announced the location of its first Asia Pacific project. The upcoming resort will open in South Korea’s Incheon City as part of its Golden Harbor development.
Therme Group confirms Incheon Golden Harbor location for South Korean wellbeing resort


Global wellbeing organisation Therme Group has announced the location of its first Asia Pacific project. The upcoming resort will open in South Korea’s Incheon City as part of its Golden Harbor development.
New designs unveiled for Therme Canada Ontario Place and Therme Manchester


Therme Canada has released a newly evolved project design for its West Island of Ontario Place destination. The facility will deliver Therme Group's signature year-round family-friendly destination attraction concept alongside four more acres of public parkland.
MORE NEWS
Auberge Resorts to land in London in 2025 with two-floor spa inspired by Roman bathing
Auberge Resorts Collection will launch its first UK property and destination spa in Mayfair, London, in 2025, following a deal with UK-based global private investment group Reuben Brothers.
Texas welcomes WorldSprings: a new 46-pool social bathing hot spot and spa
A large new mineral springs destination has launched in Texas, inspired by some of the world’s most famous hot springs – such as Jordan’s Dead Sea, Iceland’s Blue Lagoon and Mexico’s Grutas Tolantongo.
New study uncovers hidden wellness market segments
A thought-provoking, US national probability study, The WELLSurvey™, has revealed that the majority of Americans now include several health and wellness practices in their everyday lives. They also view the concepts of 'wellness' and 'wellbeing' differently.
The Well appoints Ariella Willoughby as VP of operations to drive global growth
US integrative wellness brand The Well has named Ariella Willoughby as its new VP of operations, aiming to drive significant growth and operational success across its current and future locations worldwide.
Light Centre secures £1.6 million to launch 10 new wellbeing centres across London
Middleton Enterprises, a UK-based family investment office, has committed £1.6 million (US$2.1 million, €1.9 million) in funding to the Light Centre – a network of medical, therapeutic and wellbeing centres with four locations in London.
Rianna Riego joins Seed to Skin as director of global business development
Rianna Riego, a seasoned professional in the wellness and spa industry, has been appointed director of global business development at Seed to Skin Tuscany, a premier Italian botanical skincare and spa brand.
+ More news   
 
FEATURED SUPPLIERS

Advanced regeneration technology: enhance your skin's future with myLEDmask by myBlend
MyBlend’s innovative myLEDmask is the result of years of meticulous research and development in photobiomodulation, phototherapy and laser techniques by Dr Olivier Courtin and his team of experts. [more...]

IDEA® Health & Fitness Association partners with CoverMe Fitness to deliver real-world solutions for fitness professionals across the globe
IDEA® Health & Fitness Association and CoverMe Fitness are proud to announce a strategic partnership to address some of the biggest challenges facing fitness professionals and the industry at large, which will launch at IDEA® World Convention in the US this week. [more...]
+ More featured suppliers  
COMPANY PROFILES
Cariitti Oy

Cariitti is a Finnish family business founded by Kari Ruokonen in 1998 that offers versatile lightin [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-29 Jul 2024

Les Nouvelles Esthetiques Spa Conference 2024

Southern Sun Rosebank, Johannesburg, South Africa
03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS