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Bangkok Post
Bangkok Post
Business

FOUND: Family has big plans for chevala venture - What They Never Told You

Mr Suwat, centre, and Ms Ratkawin, third from right, at a press conference. Ms Ratkawin says that despite the economic downturn, the medical wellness industry in Thailand is booming.

With the global wellness industry projected to reach US$7 trillion in 2025, Chevala Wellness, a new business under the Liptapanlop family, aims to capitalise on the trend by rolling out five branches domestically in two years before expanding to other countries.

The company's wellness centre launched in Hua Hin last month with an investment of 70 million baht and another branch is set to open in Phuket or Samui within this year, said Ratkawin Jitawatanarat, medical director at Chevala.

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