XpresSpa Group Announces Plan for Expansion Internationally
12 July 2022 - 3:30AM
XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness
company, announced it is expanding its operations outside the
United States with the opening of XpresSpa locations at Istanbul
Airport in Turkey beginning September 2022. This is the first of
five new XpresSpa locations expected to open at Istanbul
Airport.
Scott Milford, XpresSpa CEO, said, "Establishing a presence in
the region allows us to take advantage of the rapid growth of
travel between Europe, Asia and the rest of the world. Istanbul
Airport is one of the largest and fastest growing airports in
Europe and this launch further solidifies our strategic position as
a leading provider of health and wellness services globally.”
“This expansion allows us to further leverage our expertise in
providing premium wellness services to more international
passengers who appreciate health and wellness services and are
willing to spend more in pursuit of their well-being. Some of the
services available include massages, reflexology and aesthetic
treatments ranging from ten-minute convenience services to more
indulgent treatments for when travelers have time. These locations
will also offer a full line of retail products and accessories—all
designed to enhance a passenger’s travel experience and improve
their overall well-being.”
Milford continued, “The addition of these new locations in
Turkey as well as our expected expansion into Abu Dhabi support our
continued effort to grow in markets that are favorable to our
operating model and the unique set of products and services we
offer to people on the go. We have built strong brand awareness in
the US and plan on doing the same internationally. This expansion
advances our efforts along those lines.”
XpresSpa currently operates six locations outside the U.S.,
three in Dubai International Airport in the United Arab Emirates
and three in Schiphol Amsterdam Airport in the Netherlands. In
2023, the Company expects to leverage its existing footprint in
Gulf Cooperation Council countries opening additional operations in
Abu Dhabi and across the region.
About XpresSpa Group, Inc.XpresSpa Group, Inc.
(Nasdaq: XSPA) is a leading global health and wellness holding
company operating four brands: XpresCheck®, XpresSpa®, Treat™ and
HyperPointe.
- XpresSpa is a leading airport retailer of wellness services and
related products, with 23 locations in 13 airports globally.
- Treat is a travel health and wellness brand that is providing
on-demand access to healthcare through technology and personalized
services, including two domestic airport locations.
- XpresCheck is a leading provider of Covid-19 screening and
diagnostic testing with 15 locations in 12 domestic airports.
XpresCheck is also partnered with the CDC and Concentric by Ginkgo,
conducting biosurveillance monitoring in its airport locations to
identify existing and new SARS-CoV-2 variants.
- HyperPointe is a leading digital healthcare and data analytics
relationship company serving the global healthcare industry.
To learn more about XpresCheck, visit: www.XpresCheck.comTo
learn more about XpresSpa, visit www.XpresSpa.comTo learn more
about Treat, visit: www.Treat.comTo learn more about
HyperPointe, visit: www.HyperPointe.com
Twitter: @xprescheck and Instagram: @realxprescheckTwitter:
@XpresSpa and Instagram: @XpresSpaTwitter: @Treat_Care and
Instagram: @treat_care
Forward-Looking StatementsThis 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 Annual Report on Form
10-K, Quarterly Reports on Form 10-Q and Current Reports on Form
8-K, and other Securities and Exchange Commission 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 RelationsICRRaphael
Grossir@xpresspagroup.com(203) 682-8253
MediaJulie FergusonJulie@jfprmedia.com(312)
385-0098
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