Therme Group
| Industry | Hospitality |
|---|---|
| Services | Spa, sauna, waterpark |
| Parent | RHTG Holding GmbH |
| Website | www |
Therme Group is a wellness infrastructure company that operates spa, sauna, and indoor water park complexes in Europe.[1][2][3] It has a location in Bucharest, Romania,[4] and has announced plans for resorts in the United Kingdom, Canada, and the United States.[1][2][3]
In December 2024, the Auditor General of Ontario criticized the Therme Canada project on the Toronto waterfront as opaque and unfair and that the Therme Group had included information about "Therme" projects that it did not control in its bid. In April 2025, The New York Times reported that Therme may have inflated its credentials and incorrectly claimed to have the required 100 million CAD equity to meet the province's bid requirements.[5]
In 2024, Therme Group acquired Therme Erding, using a €320 million funding received from Macquarie Capital’s Principal Finance team with its own equity.[6][7]
References
- ^ a b Dixon, Rachel (February 29, 2020). "Steamy scenes at low prices: Bucharest's affordable luxury spa". The Guardian. Retrieved March 12, 2024.
- ^ a b Silverman, Ellie (May 11, 2023). "D.C. hopes possible 'Caribbean-like' resort would bring economic boost". The Washington Post. Retrieved March 12, 2024.
D.C. leaders and the U.S. branch of the Therme Group, a wellness company with global headquarters in Vienna, Austria, agreed to work together to identify a site that could accommodate a 450,000-to-600,000-square-foot resort, officials said.
- ^ a b "Therme Manchester: Planners approve £250m tropical spa resort". BBC. September 15, 2023. Retrieved March 12, 2024.
Therme Manchester - billed as the UK's first "city-based wellbeing resort" - includes swimming pools, slides, warm water lagoons, saunas and gardens. The German-based Therme Group said the development, next to the Trafford Centre, is scheduled to open in 2025.
- ^ "Therme Bucuresti". Therme Bucuresti. Retrieved January 15, 2025.
- ^ Crawley, Mike (May 5, 2025). "Adam Vaughan joins Ontario Place spa developer Therme". CBC News. Retrieved May 5, 2025.
- ^ Fedeli, Kristen (December 17, 2024). "Therme Group Buys European Mega-Spa". Fitt Insider. Retrieved January 29, 2025.
- ^ "Therme Group snaps up Europe's largest thermal bathing complex, secures €320m in financing | Sports Management". www.sportsmanagement.co.uk. Retrieved January 29, 2025.