 |
|
|
 |
29 Jan 2015
Thai spa chain eyes tie up with international hotelier for debut in Myanmar
BY
Helen Andrews
|
The group now has 11 spas in Bangkok, Chiang Mai, Phuket, Pattaya and Hua Hin
photo: Siam Wellness Group
Siam Wellness Group, a spa chain in Thailand, will launch its first luxury spa outlet in Yangon, Myanmar, by Q4 2015. The company expects to sign a memorandum of understanding with an international hotel chain by Q3 of this year, before opening its first outlet in the next quarter. “The fastest and most convenient way to do business in Myanmar is to operate a spa outlet inside a hotel,” Naturn Wiattanakrai, assistant managing director of Siam Wellness told The Nation. “We visited Yangon last year and discussed plans with a few potential partners who are interested in having us manage their spa outlets, or to open spas in their premises.”
The three possible business models under consideration by Siam Wellness are a joint venture, franchise or management contract. Investment in each outlet would require between THB15m (US$0.4m, €0.4m, £0.3m) to THB20m (US$0.6m, €0.5m, £0.4m).
The Thai company was founded 16 years ago, launching its first Let’s Relax spa in Chiang Mai. The group now has 11 spas in Bangkok, Chiang Mai, Phuket, Pattaya and Hua Hin. It operates three spa brands: Let’s Relax, RarinJinda Wellness Spa and Sabaii by Let’s Relax.
“Operating a spa in Myanmar would not be much different from Thailand, as the main customers will be tourists,” added Wiattanakrai. “We will see similarities in service provision.”
Yangon and Mandalay will be the prime locations as they are the two most popular tourist destinations, but the company will also cater to high-income locals.
 |
|
|
|
|
|
|
|
|
|
Connect with
World Leisure |
|
|
|
|
|
|
|
|
|
|
|
|
|
| News headlines |
|
|
 |
 |
|
22 Apr 2024
Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press
.... more>> |
|
|
|
 |
|
19 Apr 2024
Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening. The
.... more>> |
|
|
|
 |
|
19 Apr 2024
The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in
.... more>> |
|
|
|
 |
|
18 Apr 2024
Atlanta-based boutique fitness software company, Xplor Mariana Tek, has kicked off a push for international expansion. Shannon Tracey, VP of sales
.... more>> |
|
|
|
|
|
 |
|
| Company profile |
|
|
| Catalogue gallery |
|
|
| Featured Supplier |
|
 |
|
|
|
in this issue
• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources
|
|
|
|
|
|
|
 |
| World Leisure jobs |
 |
Duty Manager
Salary: £30,000pa + local Govt pension + attractive benefits package
Location: Kirkwall, UK
Company: The Pickaquoy Centre
|
|
Centre Manager (Leisure)
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK
Company: Exeter City Council
|
|
Director of Operations
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK
Company: Active Luton
|
|
|
|
|
|
| Diary dates |
|
| Powered
by leisurediary.com |
 |
|
|
|
|
