Top Thai spa operator seeks China expansion to boost growth


BANGKOK (Dec 1, Bangkok): Thailand’s biggest massage and spa chain will expand its outlets in China to take its popular services closer to its largest group of customers.

Siam Wellness Group Pcl is in talks with potential partners to operate its "Let’s Relax” shops under license in cities in the world’s most populous country, said President Wiboon Utsahajit, without specifying the number of outlets planned. Expansion in China, where the company now has just one outlet, underpins achieving the company’s annual earnings growth target of more than 20%, he said on Sunday (Dec 1).

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