Therme Group has announced plans for a US$200m urban wellbeing resort in South Korea within the Incheon Free Economic Zone, with a capacity to welcome upwards of one million people per year.
Thermal wellbeing organisation and developer, Therme Group, has partnered with the Incheon Free Economic Zone (IFEZ) to create a year-round wellbeing destination in the South Korean city of Incheon.
Expected to cost US$200m to create, Therme claims the resort will reflect the country’s distinct history and culture. The resort will attract tourists to Incheon, help drive the region’s economy, and boost health and wellbeing in the population as Incheon continues to grow as a leading global city.
Subject to a finalised agreement and a construction-ready site, the resort will take two to three years to complete.
Therme has three existing resorts in Germany – in Schwarzwald, Sinsheim and Euskirchen respectively – and a fourth resort in Bucharest, Romania. It has plans to open another property in Germany as well as flagship wellbeing resorts in England, Canada and Scotland, alongside introducing urban wellbeing centres to five US cities, including New York, Los Angeles and Washington DC.