{"id":61436,"date":"2025-06-17T04:03:11","date_gmt":"2025-06-17T02:03:11","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/seveno-capital-and-borderless-healthcare-group-launch-jv-to-provide-medical-wellness-service-to-hospitality-owners\/"},"modified":"2025-06-17T04:03:11","modified_gmt":"2025-06-17T02:03:11","slug":"seveno-capital-and-borderless-healthcare-group-launch-jv-to-provide-medical-wellness-service-to-hospitality-owners","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/seveno-capital-and-borderless-healthcare-group-launch-jv-to-provide-medical-wellness-service-to-hospitality-owners\/","title":{"rendered":"Seveno Capital and Borderless Healthcare Group launch JV to provide \u2018medical wellness service\u2019 to hospitality owners"},"content":{"rendered":"
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\nThe Well Estate will provide a turnkey solution for hospitality asset owners to be able to offer transformative medical wellness experiences to guests as the global hospitality industry seeks to harness the US$1.8 trillion global wellness boom.<\/b><\/p>\n

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SINGAPORE–(BUSINESS WIRE)–Seveno Capital<\/a> and Borderless Healthcare Group have launched the world\u2019s first medical wellness real estate company to target the growing $1.8 trillion global wellness market as the world enters a \u2018longevity boom\u2019 that UBS reports will be worth US$8 trillion by 2030.<\/p>\n

\nThe Well Estate will support hotel and hospitality asset owners to shift from a \u2018room yield\u2019 to a \u2018room plus\u2019 business model by providing turnkey medical wellness solutions that give guests live access to health and medical experts as well as famous content creators. Guests will also have access to personalised diets, fitness, yoga, mindfulness and health programs.<\/p>\n

\nThe Well Estate solution will unlock new revenue channels for hospitality asset owners that will drive higher transaction value per stay, longer guest retention and full utilization of underperforming facilities like gyms and spas. The new company will focus on asset owners within the \u2018wellness archipelago\u2019 of Singapore, Thailand, Indonesia, Vietnam and Malaysia.<\/p>\n

\nThe global wellness industry is booming, valued at $5.6 trillion in 2023<\/a> and projected to reach $8.5 trillion by 2027, according to the Global Wellness Institute. The wellness economy is also expected to grow by 8.6% annually through 2027, outpacing global GDP.<\/p>\n

\nHotels are playing a growing role, with wellness tourism accounting for $651 billion<\/a> globally in 2022 and expected to hit $1.4 trillion by 2027. Travelers increasingly seek wellness experiences, with over 50% preferring hotels that offer spa, fitness, and nutrition services.<\/p>\n

\nLuxury wellness resorts can generate 30\u201350% higher daily rates than traditional hotels. Hotels are investing heavily to meet this demand and to capture a larger share of this lucrative market; integrating labs, diagnostics, IV drips and longevity hubs into their amenities.<\/p>\n

\nThe Well Estate is a JV between Borderless Healthcare Group, led by global healthcare technology, media, telecommunication, service and content pioneer Dr Wei Siang Yu<\/a>; and Seveno Capital, led by Park Hotel Group founder and healthspan entrepreneur<\/a>, Allen Law<\/a>.<\/p>\n

\nAllen Law<\/a> said:<\/p>\n

\n\u201cThe Well Estate will enable hospitality asset owners to align their business and guest offering with the global wellness and longevity revolution that will be equally as transformative as AI.\u201d<\/p>\n

\nDr Wei said:<\/p>\n

\n\u201cThis represents a new phase for the hospitality sector and a new benchmark for immersive guest experiences that are profitable, purposeful and scalable.\u201d<\/p>\n

Contacts<\/b> <\/p>\n

\nEnquiries about The Well Estate can be made to impact@thewellestate.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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