XpresSpa Opens Two Spas in Austin-Bergstrom International Airport
30 September 2019 - 11:46PM
XpresSpa Group, Inc. (Nasdaq: XSPA), a health and wellness company,
today announced two spa openings in the main terminal of
Austin-Bergstrom International Airport, a franchise-operated spa
(section j) and a company-operated spa (section b).
The franchise-operated spa marks XpresSpa’s
first franchise location and was opened in partnership with Mr.
Kevin Stutz, an experienced franchise operator in the health and
wellness industry. Mr. Stutz is the Master Franchisee for The Joint
Corp., managing five Austin locations while assisting other
franchisees to enter the chiropractic business in Texas, Oklahoma
and Arkansas.
Doug Satzman, XpresSpa Group CEO, stated, “We
are so pleased to have opened two spas in Austin, including our
first franchise location, as these spas reflect our broader
strategy to selectively expand the reach of the XpresSpa brand
through a strategic approach to development. Kevin has already
built an impressive franchise business with The Joint Chiropractic
and his XpresSpa franchise location reflects a natural extension of
his commitment to superior customer service in the health and
wellness space.”
Mr. Satzman concluded, “While our growth focus
for company-operated spas will remain weighted towards further
penetration of existing, larger airports such as Atlanta,
Philadelphia, and Las Vegas, we believe there are also significant
opportunities for franchisees interested in developing spas
elsewhere. We are therefore looking for additional partners that
seek to grow with XpresSpa.”
Mr. Kevin Stutz added, “Serving patients who are
seeking all-natural pain relief is my passion and the moment I saw
XpresSpa’s proven business model I knew that bringing XpresSpa and
The Joint Chiropractic together under one umbrella provides great
health and wellness services to the flying passengers in
Austin.”
XpresSpa’s partnership with Mr. Stutz reflects
its desire to work with dynamic, like-minded operators seeking
exposure to the rapidly growing health and wellness industry and
who share the brand’s vision of providing premium spa services to
customers on-the-go. The Company had previously launched the
XpresSpa franchising program in order to build upon its years of
health and wellness expertise within the fast-paced airport
environment. The program is designed to leverage XpresSpa’s
international brand and more efficiently capture the growth
opportunity to expand its spa footprint into a much wider selection
of markets.
XpresSpa is seeking qualified franchisees to
join its brand, and currently offers opportunities across the
United States. For more information, potential franchisees should
email franchising@xpresspa.com.
About XpresSpa Group, Inc.
XpresSpa Group, Inc. (Nasdaq: XSPA) is a health
and wellness holding company. XpresSpa Group’s core asset,
XpresSpa, is a leading airport retailer of spa services and related
products, with 53 locations in 24 airports globally. XpresSpa
offers services that are tailored specifically to the busy travel
customer. XpresSpa is committed to providing exceptional customer
experiences with its innovative premium spa services, as well as
exclusive luxury travel products and accessories. XpresSpa serves
almost one million customers per year at its locations in the
United States, Netherlands, and the United Arab Emirates. To learn
more about XpresSpa Group, visit: www.XpresSpaGroup.com. To learn
more about XpresSpa, visit www.XpresSpa.com
Forward-Looking Statements
This press release may contain "forward-looking"
statements within the meaning of Section 27A of the Securities Act
of 1933, and Section 21E of the Securities Exchange Act of 1934.
These include statements preceded by, followed by or that otherwise
include the words "believes," "expects," "anticipates,"
"estimates," "projects," "intends," "should," "seeks," "future,"
"continue," or the negative of such terms, or other comparable
terminology. Forward-looking statements relating to expectations
about future results or events are based upon information available
to XpresSpa Group as of today's date, and are not guarantees of the
future performance of the company, and actual results may vary
materially from the results and expectations discussed. Additional
information concerning these and other risks is contained in
XpresSpa Group’s most recently filed Annual Report on Form 10-K,
Quarterly Report on Form 10-Q, recent Current Reports on Form 8-K
and other SEC filings. All subsequent written and oral
forward-looking statements concerning XpresSpa Group, or other
matters and attributable to XpresSpa Group or any person acting on
its behalf are expressly qualified in their entirety by the
cautionary statements above. XpresSpa Group does not undertake any
obligation to publicly update any of these forward-looking
statements to reflect events or circumstances that may arise after
the date hereof.
Investor Relations:ICRRaphael
Gross(203) 682-8253
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ac6ee9a5-45f2-45d9-8267-8310bf52432e
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