Wellness venture

Absolute Yoga has joined hands with the Rasayana Retreat to launch their first Absolute Wellness health and well-being studio in Bangkok.
Absolute Yoga director and certified instructor Benjaporn Karoonkornsakul said yesterday registered capital for the new joint venture was Bt2 million, with each partner holding a 50-per-cent stake.She said Absolute Yoga, which specialises in hot yoga, and the Rasayana Retreat, which provides detoxification and rejuvenation programmes, Pilates, yoga, spa treatments and health foods, had the same type of health-conscious customers. The first branch of Absolute Wellness opened recently in the Amarin Building near the Rajprasong Intersection and is easily accessible by public transport. Occupying 1,000 square metres, it cost Bt12 million to open. Absolute Wellness plans new branches through self-operating and franchise systems on six-year contracts. The next one, in Pinklao, will operate on its own. Next year, the company expects to open three more branches in Bangkok - in Bang Na, on Rama III Road and in central Bangkok - plus one each in Chiang Mai, Phuket and Pattaya. Benjaporn predicts accumulated annual growth rate of 20-30 per cent in the Bt250-million yoga and Bt200-million wellness markets in the next three years. Nitida Asawanipont, The Nation
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