Reference
·Primary source
Top Thailand spa and wellness operators by revenue (2024)
Siam Wellness ~THB 1.67B
Siam Wellness Group (SET:SPA, operator of Let's Relax, RarinJinda, and Baan Suan Massage brands) led the listed spa-operator segment with FY2024 revenue of approximately THB 1.67 billion, up 13.3% year-on-year and a record high. Minor International (SET:MINT) operates the Anantara Spa network across its luxury hotel portfolio with spa revenue embedded in hotel segment disclosure. Chiva-Som International Health Resorts (private) and Six Senses Spas (under IHG, formerly under Minor) anchor the ultra-luxury destination tier. BDMS Wellness Clinic (under SET:BDMS) and Bumrungrad's VitalLife Scientific Wellness Center represent the medical-wellness tier.
Figure in context
Siam Wellness Group (SET:SPA, operator of Let's Relax, RarinJinda, and Baan Suan Massage brands) led the listed spa-operator segment with FY2024 revenue of approximately THB 1.67 billion, up 13.3% year-on-year and a record high. Minor International (SET:MINT) operates the Anantara Spa network across its luxury hotel portfolio with spa revenue embedded in hotel segment disclosure. Chiva-Som International Health Resorts (private) and Six Senses Spas (under IHG, formerly under Minor) anchor the ultra-luxury destination tier. BDMS Wellness Clinic (under SET:BDMS) and Bumrungrad's VitalLife Scientific Wellness Center represent the medical-wellness tier.
Interpretation notes
What this tells you
Siam Wellness Group (SET:SPA, operator of Let's Relax, RarinJinda, and Baan Suan Massage brands) led the listed spa-operator segment with FY2024 revenue of approximately THB 1.67 billion, up 13.3% year-on-year and a record high. Minor International (SET:MINT) operates the Anantara Spa network across its luxury hotel portfolio with spa revenue embedded in hotel segment disclosure. Chiva-Som International Health Resorts (private) and Six Senses Spas (under IHG, formerly under Minor) anchor the ultra-luxury destination tier. BDMS Wellness Clinic (under SET:BDMS) and Bumrungrad's VitalLife Scientific Wellness Center represent the medical-wellness tier.
What not to do with it
Values in THB millions. Non-listed operator figures are analyst estimates triangulated from hotel-segment disclosures and industry trade press.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand total wellness economy (2020-2024)
Global Wellness Institute Country Rankings 2026, GWI Wellness Economy Monitor, Travel Daily News Asia
Thailand medical and wellness tourism revenue (2020-2024)
Tourism Authority of Thailand, Ministry of Public Health, Bumrungrad and BDMS investor disclosures
Thailand international tourist arrivals (2019-2024)
Ministry of Tourism and Sports, Tourism Authority of Thailand, TAT Intelligence Center
Thailand Global Wellness Institute country rank
Global Wellness Institute Country Rankings 2026, GWI Wellness Tourism Monitor
Thailand LTR visa Wealthy Pensioner approvals
Thailand Board of Investment LTR Programme, BOI annual report
Chiva-Som Hua Hin published rate per night
Chiva-Som official fact sheet, Booking and Kayak rate-shop data, Condé Nast Traveler Readers' Choice
Report context
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Profiles covered in the report that cite this number.