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Therme Group plans US$200m urban wellbeing resort in South Korea
POSTED 23 Nov 2022 . BY Megan Whitby
Incheon borders South Korea's capital city of Seoul Credit: Shutterstock/Stock for you

Credit: Therme Group
Our global development programme will bring the world's most advanced wellbeing concept to iconic locations in cities worldwide
– Stelian Iacob
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.

Therme has announced that it’s working with the mayor of Incheon Metropolitan City Yoo Jeong-bok and IFEZ commissioner Kim Jin-yong to build a wellbeing resort that can welcome upwards of one million people per year.

Therme creates natural urban oases for communities and family members of all ages to have fun, relax and unwind – to help boost their physical and mental health. It says that Korean traditions of saunas, hot pools, wellness experiences and health-giving food align closely with this concept.

Expected to cost over US$200m (£166.9m, €193.6m) to create, Therme claims the resort will reflect the country’s distinct history and culture.

“Therme Group’s wellbeing resort will not only attract tourists to Incheon and help drive the region’s economy, but it will also boost health and wellbeing in the population as Incheon continues to grow as a leading global city,” said Kim Jin-yong, IFEZ commissioner.

Therme Group senior vice-president and COO, Stelian Iacob, added: “Our close partnership with Incheon and IFEZ will enable us to continue our global development programme, bringing the world's most advanced wellbeing concept to iconic locations in cities worldwide.”

A letter of cooperation between Therme and IFEZ was signed in Frankfurt last week. Subject to a finalised agreement and a construction-ready site, the resort will take two to three years to complete.

The Incheon resort will offer a natural environment delivered through sustainable engineering.

Therme resorts are LEED accredited to the highest ‘Platinum’ level. The group was recently rewarded for its sustainability efforts and honoured with a double gold for ‘Conserving Water and Improving Water Security and Supply for Neighbours’ at the World Travel Market (WTM) Global Responsible Tourism Awards.

Major growth plans
Therme has three existing resorts in Germany – in Schwarzwald, Sinsheim and Euskirchen respectively – and a fourth resort in Bucharest, Romania.

In recent years, the company has outlined major growth ambitions and now has a sizable development pipeline.

Therme has announced 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.

The announcement of its South Korean destination marks Therme's 10th pipeline property.

From L to R; IFEZ deputy Director, Nicholas Kim; Therme Group senior vice-president, Stelian Iacob; IFEZ commissioner, Kim Jin-yong; and Therme Group Korea representative, Kim Insook Credit: Therme Group
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NEWS
Therme Group plans US$200m urban wellbeing resort in South Korea
POSTED 23 Nov 2022 . BY Megan Whitby
Incheon borders South Korea's capital city of Seoul Credit: Shutterstock/Stock for you
Credit: Therme Group
Our global development programme will bring the world's most advanced wellbeing concept to iconic locations in cities worldwide
– Stelian Iacob
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.

Therme has announced that it’s working with the mayor of Incheon Metropolitan City Yoo Jeong-bok and IFEZ commissioner Kim Jin-yong to build a wellbeing resort that can welcome upwards of one million people per year.

Therme creates natural urban oases for communities and family members of all ages to have fun, relax and unwind – to help boost their physical and mental health. It says that Korean traditions of saunas, hot pools, wellness experiences and health-giving food align closely with this concept.

Expected to cost over US$200m (£166.9m, €193.6m) to create, Therme claims the resort will reflect the country’s distinct history and culture.

“Therme Group’s wellbeing resort will not only attract tourists to Incheon and help drive the region’s economy, but it will also boost health and wellbeing in the population as Incheon continues to grow as a leading global city,” said Kim Jin-yong, IFEZ commissioner.

Therme Group senior vice-president and COO, Stelian Iacob, added: “Our close partnership with Incheon and IFEZ will enable us to continue our global development programme, bringing the world's most advanced wellbeing concept to iconic locations in cities worldwide.”

A letter of cooperation between Therme and IFEZ was signed in Frankfurt last week. Subject to a finalised agreement and a construction-ready site, the resort will take two to three years to complete.

The Incheon resort will offer a natural environment delivered through sustainable engineering.

Therme resorts are LEED accredited to the highest ‘Platinum’ level. The group was recently rewarded for its sustainability efforts and honoured with a double gold for ‘Conserving Water and Improving Water Security and Supply for Neighbours’ at the World Travel Market (WTM) Global Responsible Tourism Awards.

Major growth plans
Therme has three existing resorts in Germany – in Schwarzwald, Sinsheim and Euskirchen respectively – and a fourth resort in Bucharest, Romania.

In recent years, the company has outlined major growth ambitions and now has a sizable development pipeline.

Therme has announced 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.

The announcement of its South Korean destination marks Therme's 10th pipeline property.

From L to R; IFEZ deputy Director, Nicholas Kim; Therme Group senior vice-president, Stelian Iacob; IFEZ commissioner, Kim Jin-yong; and Therme Group Korea representative, Kim Insook Credit: Therme Group
RELATED STORIES
GWI partners with Therme Group to bring UK wellness research to Geography of Wellness platform


Industry research and educational organisation the Global Wellness Institute (GWI) has announced that the UK is the latest country to be highlighted on its new Geography of Wellness microsite.
Therme Group planning flagship US facility in Washington DC


Global wellbeing organisation Therme Group US and Washington DC Mayor Muriel Bowser have signed a deal to work together toward identifying a site for a new Therme facility.
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
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Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
28-29 Sep 2026

Wellness Destination AI Tech Summit – Tourism, Hospitality & Real Estate, 28-29 Sept 2026

Grand Ballroom, METT Singapore, Singapore
+ More diary  
 


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Tel: +44 (0)1462 431385

©Cybertrek 2026

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