XpresSpa.com

XpresSpa offers wellness services aimed at travelers, focusing on self-care experiences in busy airport environments. Their services include various massage treatments and manicures, designed to provide relaxation and rejuvenation for clients on the go. XpresSpa was founded in 2003 and is headquartered in New York, US. The company operates wellness centers primarily located in major airports, serving frequent flyers and travelers.

In August 2016, FORM Holdings agreed to acquire 100% of XpresSpa, with the deal expected to close in Q4 2016. The company has participated in two funding rounds, with its most recent deal occurring in August 2016. XpresSpa specializes in providing wellness services tailored for travelers, emphasizing self-care as an essential aspect of the travel experience. Their core offerings include a variety of massage treatments, such as Neck & Back Massage, Hand & Arm Massage, Tension Relief Massage, and Foot Massage, utilizing advanced technologies like acupressure and zero-gravity settings for effective stress relief.

Additionally, XpresSpa offers manicures with expertly applied polish and custom, gentle stretch sessions designed to accommodate the needs of travelers. Catering to a diverse client base, including frequent flyers and airport visitors, XpresSpa operates in various geographical markets, including major airports across the United States and select international locations. XpresSpa generates revenue primarily through direct-to-consumer transactions at its locations and online services, with a focus on wellness and self-care products tailored for travelers. The company's pricing structure includes individual service charges for different massage options and manicures, facilitating straightforward customer transactions.

Additionally, clients can earn rewards points with every dollar spent, enhancing customer loyalty and repeat business. Transactional interactions typically involve immediate service payments at their airport locations, allowing for a seamless customer experience. The company leverages its expertise in the wellness sector to establish a strong market presence with its trademarked services that cater specifically to the needs of travelers. XpresSpa plans to expand its service offerings and geographic presence following its acquisition by FORM Holdings.

While specific details about new products are not disclosed, the company is focusing on enhancing its wellness services for travelers. The acquisition is expected to support these growth initiatives as the company aims to broaden its reach in major airport locations, thereby catering to an increasing number of frequent travelers. The financial details of the acquisition were not disclosed, but it is anticipated that this transition will facilitate strategic growth and operational enhancements.