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NEWS
GOCO Hospitality invests in fitness brand Space Cycle for international expansion
POSTED 08 Mar 2018 . BY Jane Kitchen
GOCO Hospitality CEO Ingo Schweder, left, and Space Cycle CEO Matthew Allison Credit: GOCO Hospitality
International wellness consultancy, development and management firm GOCO Hospitality has entered into a long-term strategic partnership with fitness company Space Cycle. Joining other investors, including Alibaba, GOCO will help bring the firm to a wider international market.

Space Cycle, the brainchild of former music industry executive Matthew Allison, is a workout that includes high-intensity cycling, barre, yoga, and dance, combining inspirational coaching with motivational playlists. The brand’s facilities feature high-end sound systems and theatrical lighting.

With flagship Space Cycle studios already in Taipei, Beijing and Shanghai, the new partnership with GOCO is set to provide the company with a platform for global expansion through integration with the GOCO Hospitality network. GOCO plans to bring Space Cycle to select GOCO spas and Retreats, including Glen Ivy Hot Springs in California.

“Today’s wellness enthusiasts are seeking unique experiences, and we see Space Cycle as the leading brand changing the relationship of group fitness in the wellness industry,” said Ingo Schweder, founder and CEO of GOCO Hospitality. “Its offering – a winning combination of celebrity-inspired workout classes and powerful music – will help expand and diversify our guests’ experiences, while supporting them on their journey of fitness and long-term health benefits. I’m extremely excited about this opportunity as we find our own core values and wellness philosophies very much aligned with the ones of Space Cycle.”

To realise synergistic opportunities, both founders – Schweder and Allison – will take strategic roles in the advisory boards of each other’s companies, cementing a business partnership born out of a 25-year friendship and shared vision for the industry.

“GOCO Hospitality is a visionary wellness resort and spa developer, and we are excited to be part of their growth strategy around the world,” said Allison. “We’re looking forward to being the first premium fitness brand that is part of GOCO Hospitality’s worldwide client base, enabling us to expand into the United Arab Emirates, Europe and North America. We’re convinced that our partnership will provide a transformational workout to GOCO Hospitality customers and clients worldwide.”

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Jobs    News   Products   Magazine
NEWS
GOCO Hospitality invests in fitness brand Space Cycle for international expansion
POSTED 08 Mar 2018 . BY Jane Kitchen
GOCO Hospitality CEO Ingo Schweder, left, and Space Cycle CEO Matthew Allison Credit: GOCO Hospitality
International wellness consultancy, development and management firm GOCO Hospitality has entered into a long-term strategic partnership with fitness company Space Cycle. Joining other investors, including Alibaba, GOCO will help bring the firm to a wider international market.

Space Cycle, the brainchild of former music industry executive Matthew Allison, is a workout that includes high-intensity cycling, barre, yoga, and dance, combining inspirational coaching with motivational playlists. The brand’s facilities feature high-end sound systems and theatrical lighting.

With flagship Space Cycle studios already in Taipei, Beijing and Shanghai, the new partnership with GOCO is set to provide the company with a platform for global expansion through integration with the GOCO Hospitality network. GOCO plans to bring Space Cycle to select GOCO spas and Retreats, including Glen Ivy Hot Springs in California.

“Today’s wellness enthusiasts are seeking unique experiences, and we see Space Cycle as the leading brand changing the relationship of group fitness in the wellness industry,” said Ingo Schweder, founder and CEO of GOCO Hospitality. “Its offering – a winning combination of celebrity-inspired workout classes and powerful music – will help expand and diversify our guests’ experiences, while supporting them on their journey of fitness and long-term health benefits. I’m extremely excited about this opportunity as we find our own core values and wellness philosophies very much aligned with the ones of Space Cycle.”

To realise synergistic opportunities, both founders – Schweder and Allison – will take strategic roles in the advisory boards of each other’s companies, cementing a business partnership born out of a 25-year friendship and shared vision for the industry.

“GOCO Hospitality is a visionary wellness resort and spa developer, and we are excited to be part of their growth strategy around the world,” said Allison. “We’re looking forward to being the first premium fitness brand that is part of GOCO Hospitality’s worldwide client base, enabling us to expand into the United Arab Emirates, Europe and North America. We’re convinced that our partnership will provide a transformational workout to GOCO Hospitality customers and clients worldwide.”

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GOCO Hospitality is opening a GOCO Spa at the Daios Cove Luxury Resort on the Greek island of Crete in April of this year, and will also develop a separate 50-key GOCO Retreat on the property in late 2018.
1 Hotel’s first Chinese resort to have focus on wellness


Consultancy, development and management firm GOCO Hospitality has worked on the concept and technical design of the upcoming 2,138sq m (23,013sq ft) spa and wellness area of the 1 Hotel Haitang Bay in Sanya, China.
Hot springs leaders gather in US for 2nd annual Global Thermal Think Tank


The second annual Global Thermal Think Tank took place earlier this month in California and New Mexico, US, bringing together world leaders in hot springs for days of talks and thermal experiences.
Two-storey Bulgari Spa makes debut


The Bulgari Hotel Beijing, designed by architecture studio Citterio-Viel & Partners, opens tomorrow (Wednesday, 27 September).
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Planet Fitness deal hints at blueprint for global expansion
Private investment company, Franchise Equity Partners, has acquired Bravo Fit, the Planet Fitness franchisee in Australia, from existing shareholders.
Fitness First UK unveils makeover of Highbury club with new recovery and Pilates offerings
Fitness First UK has raised the bar with its latest refurbishment, in Highbury, London, as it continues to premiumise its estate.
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