GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: Hotels, Posted:07 Feb 2024 | 10:33 am

Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund.

The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets.

Two acquisitions are expected to be announced in March by Founder and CEO Ingo Schweder.

Thailand’s wellness sector is attracting more international investment as the country is a market leader in the sector back such as well-known destination resorts Chiva-Som and Kamalaya.

Another overseas group Alta Hospitality Fund Asia invested in best-in-class operator VIKASA in Koh Samui and is currently expanding the group into other destinations.

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