Latest news with #WellEstate
The Herald
15-07-2025
- The Herald
Woman arrested during violent service delivery protests in Wells Estate
A Gqeberha woman will appear in court soon on a host of charges including public violence and arson after a violent protest in Well Estate resulted in the torching of a bus and panel van, as well as an attempt to burn the councillor's office. Polices spokesperson Captain Sandra Janse van Rensburg said the 48-year-old was arrested on Tuesday during a two-day service delivery protest in the area. She was detained on charges in terms of the Criminal Matters Amendment Act 18/2015 sec 3 (a)(b) relating to damage to infrastructure and public violence, the National Road Traffic Act 93/1996 regulation 319(1) for hindering or obstructing traffic on a public road and regulation 319(2) for placing an object on a road that could endanger traffic, arson, the Explosives Act 26/1956 (petrol bombs sec 28) and malicious damage to property. 'The protests started on Monday within the Wells Estate community at Rabie Village and this [Tuesday] morning at about 5.15am,' Janse van Rensburg said. 'It started again when members of the community allegedly threw a petrol bomb towards the councillor's office.' She said the fire was extinguished quickly and there was no damage to the office. 'At about 6am, the community members started burning tyres and rubbish in front of the multipurpose hall and a female suspect was arrested by the Metro police. 'At about 6.40am, in Anvuyo Street, Wells Estate, the community of Rabie village torched a bus and a panel van.' Janse van Rensburg said no-one was injured and the SAPS was monitoring the situation. 'Public Order Police stabilised the situation using rubber bullets and stun grenades. 'The situation is calm, and Public Order Police members will remain in the area. 'Motorists are urged to be cautious when travelling in Wells Estate, or to make use of alternative routes.' Wells Estate Ward 60 councillor Thembinkosi Mafana could not be reached for comment. The Herald
Yahoo
17-06-2025
- Business
- Yahoo
Seveno Capital and Borderless Healthcare Group launch JV to provide ‘medical wellness service' to hospitality owners
The Well Estate will provide a turnkey solution for hospitality asset owners to be able to offer transformative medical wellness experiences to guests as the global hospitality industry seeks to harness the US$1.8 trillion global wellness boom. SINGAPORE, June 17, 2025--(BUSINESS WIRE)--Seveno Capital and Borderless Healthcare Group have launched the world's first medical wellness real estate company to target the growing $1.8 trillion global wellness market as the world enters a 'longevity boom' that UBS reports will be worth US$8 trillion by 2030. The Well Estate will support hotel and hospitality asset owners to shift from a 'room yield' to a 'room plus' business model by providing turnkey medical wellness solutions that give guests live access to health and medical experts as well as famous content creators. Guests will also have access to personalised diets, fitness, yoga, mindfulness and health programs. The Well Estate solution will unlock new revenue channels for hospitality asset owners that will drive higher transaction value per stay, longer guest retention and full utilization of underperforming facilities like gyms and spas. The new company will focus on asset owners within the 'wellness archipelago' of Singapore, Thailand, Indonesia, Vietnam and Malaysia. The global wellness industry is booming, valued at $5.6 trillion in 2023 and projected to reach $8.5 trillion by 2027, according to the Global Wellness Institute. The wellness economy is also expected to grow by 8.6% annually through 2027, outpacing global GDP. Hotels are playing a growing role, with wellness tourism accounting for $651 billion globally in 2022 and expected to hit $1.4 trillion by 2027. Travelers increasingly seek wellness experiences, with over 50% preferring hotels that offer spa, fitness, and nutrition services. Luxury wellness resorts can generate 30–50% higher daily rates than traditional hotels. Hotels are investing heavily to meet this demand and to capture a larger share of this lucrative market; integrating labs, diagnostics, IV drips and longevity hubs into their amenities. The Well Estate is a JV between Borderless Healthcare Group, led by global healthcare technology, media, telecommunication, service and content pioneer Dr Wei Siang Yu; and Seveno Capital, led by Park Hotel Group founder and healthspan entrepreneur, Allen Law. Allen Law said: "The Well Estate will enable hospitality asset owners to align their business and guest offering with the global wellness and longevity revolution that will be equally as transformative as AI." Dr Wei said: "This represents a new phase for the hospitality sector and a new benchmark for immersive guest experiences that are profitable, purposeful and scalable." View source version on Contacts Enquiries about The Well Estate can be made to impact@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
17-06-2025
- Business
- Business Wire
Seveno Capital and Borderless Healthcare Group launch JV to provide ‘medical wellness service' to hospitality owners
SINGAPORE--(BUSINESS WIRE)-- Seveno Capital and Borderless Healthcare Group have launched the world's first medical wellness real estate company to target the growing $1.8 trillion global wellness market as the world enters a 'longevity boom' that UBS reports will be worth US$8 trillion by 2030. The Well Estate will provide a turnkey solution for hospitality asset owners to be able to offer transformative medical wellness experiences to guests as the global hospitality industry seeks to harness the US$1.8 trillion global wellness boom. Share The Well Estate will support hotel and hospitality asset owners to shift from a 'room yield' to a 'room plus' business model by providing turnkey medical wellness solutions that give guests live access to health and medical experts as well as famous content creators. Guests will also have access to personalised diets, fitness, yoga, mindfulness and health programs. The Well Estate solution will unlock new revenue channels for hospitality asset owners that will drive higher transaction value per stay, longer guest retention and full utilization of underperforming facilities like gyms and spas. The new company will focus on asset owners within the 'wellness archipelago' of Singapore, Thailand, Indonesia, Vietnam and Malaysia. The global wellness industry is booming, valued at $5.6 trillion in 2023 and projected to reach $8.5 trillion by 2027, according to the Global Wellness Institute. The wellness economy is also expected to grow by 8.6% annually through 2027, outpacing global GDP. Hotels are playing a growing role, with wellness tourism accounting for $651 billion globally in 2022 and expected to hit $1.4 trillion by 2027. Travelers increasingly seek wellness experiences, with over 50% preferring hotels that offer spa, fitness, and nutrition services. Luxury wellness resorts can generate 30–50% higher daily rates than traditional hotels. Hotels are investing heavily to meet this demand and to capture a larger share of this lucrative market; integrating labs, diagnostics, IV drips and longevity hubs into their amenities. The Well Estate is a JV between Borderless Healthcare Group, led by global healthcare technology, media, telecommunication, service and content pioneer Dr Wei Siang Yu; and Seveno Capital, led by Park Hotel Group founder and healthspan entrepreneur, Allen Law. Allen Law said: 'The Well Estate will enable hospitality asset owners to align their business and guest offering with the global wellness and longevity revolution that will be equally as transformative as AI.' Dr Wei said: 'This represents a new phase for the hospitality sector and a new benchmark for immersive guest experiences that are profitable, purposeful and scalable.'
Yahoo
17-06-2025
- Business
- Yahoo
Seveno Capital and Borderless Healthcare Group launch JV to provide ‘medical wellness service' to hospitality owners
The Well Estate will provide a turnkey solution for hospitality asset owners to be able to offer transformative medical wellness experiences to guests as the global hospitality industry seeks to harness the US$1.8 trillion global wellness boom. SINGAPORE, June 17, 2025--(BUSINESS WIRE)--Seveno Capital and Borderless Healthcare Group have launched the world's first medical wellness real estate company to target the growing $1.8 trillion global wellness market as the world enters a 'longevity boom' that UBS reports will be worth US$8 trillion by 2030. The Well Estate will support hotel and hospitality asset owners to shift from a 'room yield' to a 'room plus' business model by providing turnkey medical wellness solutions that give guests live access to health and medical experts as well as famous content creators. Guests will also have access to personalised diets, fitness, yoga, mindfulness and health programs. The Well Estate solution will unlock new revenue channels for hospitality asset owners that will drive higher transaction value per stay, longer guest retention and full utilization of underperforming facilities like gyms and spas. The new company will focus on asset owners within the 'wellness archipelago' of Singapore, Thailand, Indonesia, Vietnam and Malaysia. The global wellness industry is booming, valued at $5.6 trillion in 2023 and projected to reach $8.5 trillion by 2027, according to the Global Wellness Institute. The wellness economy is also expected to grow by 8.6% annually through 2027, outpacing global GDP. Hotels are playing a growing role, with wellness tourism accounting for $651 billion globally in 2022 and expected to hit $1.4 trillion by 2027. Travelers increasingly seek wellness experiences, with over 50% preferring hotels that offer spa, fitness, and nutrition services. Luxury wellness resorts can generate 30–50% higher daily rates than traditional hotels. Hotels are investing heavily to meet this demand and to capture a larger share of this lucrative market; integrating labs, diagnostics, IV drips and longevity hubs into their amenities. The Well Estate is a JV between Borderless Healthcare Group, led by global healthcare technology, media, telecommunication, service and content pioneer Dr Wei Siang Yu; and Seveno Capital, led by Park Hotel Group founder and healthspan entrepreneur, Allen Law. Allen Law said: "The Well Estate will enable hospitality asset owners to align their business and guest offering with the global wellness and longevity revolution that will be equally as transformative as AI." Dr Wei said: "This represents a new phase for the hospitality sector and a new benchmark for immersive guest experiences that are profitable, purposeful and scalable." View source version on Contacts Enquiries about The Well Estate can be made to impact@
