Geinberg Thermal Springs are Expanding

CompaniesRetail & Consumer ♦ Published: March 15, 2011; 01:44 ♦ (Vindobona)

The Upper Austrian Wellness facility is being expanded massively and gets its own luxury area.

Geinberg Thermal Springs are Expanding / Picture: ©

With the current expansion of the thermal springs classes with more purchasing power will also be attracted. The former four-star hotel is being expanded to a five-star hotel. The total investment amounts to € 21.5m.

CEO Ernst Wastler expects strong guest growth. Market studies would confirm this. By 2020, the premium segment int the wellness industry is expected to increase by…