XpresSpa Group announces expansion plan

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NEW YORK, July 11. 10, 2022 (GLOBE NEWSWIRE) — XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness company, announced that it is expanding its operations outside of the United States with the opening of locations XpresSpa at Istanbul Airport in Turkey from September 2022. This is the first of five new XpresSpa locations scheduled to open at Istanbul Airport.

Scott Milford, CEO of XpresSpa, said, “Establishing a presence in the region allows us to take advantage of the rapid growth in travel between Europe, Asia and the rest of the world. Istanbul Airport is one of the largest and fastest growing airports in Europe. and this launch further strengthens our strategic position as a leading provider of health and wellness services globally.

“This expansion allows us to further leverage our expertise in providing premium wellness services to more international passengers who value health and wellness services and are willing to spend more on their well-being. Some of the services available include massage, reflexology, and beauty treatments ranging from ten-minute convenience services to more indulgent treatments for travelers who have the time. These locations will also offer a full range of retail products and accessories, all designed to enhance passengers’ travel experience and enhance their overall well-being.

Milford continued, “The addition of these new sites in Turkey along with our planned expansion into Abu Dhabi supports our continued efforts to expand into markets favorable to our operating model and the unique set of products and services that we offer people on the go. We have developed strong brand awareness in the United States and plan to do the same internationally. This expansion advances our efforts in this direction.

XpresSpa currently operates six locations outside of the United States, three at Dubai International Airport in the United Arab Emirates and three at Amsterdam Schiphol Airport in the Netherlands. In 2023, the company plans to leverage its existing presence in Gulf Cooperation Council countries by opening additional operations in Abu Dhabi and across the region.

About XpresSpa Group, Inc..
XpresSpa Group, Inc. (Nasdaq: XSPA) is a leading global health and wellness holding company operating four brands: XpresCheck®Xpres Spa®Treat™ and HyperPointe.

  • XpresSpa is a leading airport retailer of wellness services and related products, with 23 locations at 13 airports worldwide.
  • Treat is a travel health and wellness brand that provides on-demand access to healthcare through technology and personalized services, including two domestic airports.
  • XpresCheck is a leading provider of Covid-19 screening and diagnostic tests with 15 locations at 12 national airports. XpresCheck is also in partnership with the CDC and Concentric by Ginkgo, conducting biomonitoring surveillance at its airport locations to identify existing and new variants of SARS-CoV-2.
  • HyperPointe is a leading digital healthcare and data analytics company serving the global healthcare industry.

To learn more about XpresCheck, visit: www.XpresCheck.com
To learn more about XpresSpa, visit www.XpresSpa.com
To learn more about Treat, visit: www.Treat.com
To learn more about HyperPointe, visit: www.HyperPointe.com

Twitter: @xprescheck and Instagram: @realxprescheck
Twitter: @XpresSpa and Instagram: @XpresSpa
Twitter: @Treat_Care and Instagram: @treat_care

Forward-looking statements
This press release may contain “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. the words “believes”, “expects”, “anticipates”, “estimates”, “plans”, “intends”, “should”, “seeks”, “future”, “continues”, or the negative of these terms, or any other comparable terminology. Forward-looking statements relating to expectations regarding future results or events are based on information available to XpresSpa Group as of today’s date and are not guarantees of future performance of the Company, and actual results may differ materially from results and expectations discussed. Additional information regarding these and other risks is contained in XpresSpa Group’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, and other documents. filed with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements regarding XpresSpa Group, or other matters and attributable to XpresSpa Group or anyone acting on its behalf are expressly qualified in their entirety by the above cautionary statements. XpresSpa Group undertakes no obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may occur after the date hereof.

Investor Relations
RIC
Raphael Gross
[email protected]
(203) 682-8253

Media
Julie Ferguson
[email protected]
(312) 385-0098

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