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Ingo Schweder's GOCO Hospitality acquires Fivelements – plans global expansion
By Helen Andrews 23 Dec 2025
GOCO Hospitality has acquired Fivelements Credit: GOCO Hospitality / Fivelements
GOCO Hospitality has acquired Fivelements Retreat in Bali, Indonesia, with plans for a rebrand
New properties are planned in Thailand, Spain and Montenegro
The team will be made up of around 1,500 people across the brand ecosystem
Each new opening is expected to have unique architecture and advanced healing services

GOCO Hospitality has acquired Fivelements Retreat in Bali, Indonesia, which it plans to relaunch in late 2026. The brand will also be scaled globally, with locations in Thailand, Montenegro and Spain already in design development.

GOCO acquired Fivelements from health and wellness group Evolution Wellness. Fivelements is a privately held company and the acquisition details are not being released.

The relaunched concept will incorporate diagnostics, longevity tools and regenerative design.

Sustainability will also be a key focus for the brand, from energy optimisation and wastewater reduction to community empowerment and decentralised leadership.

Fivelements roll-out

Ingo Schweder, GOCO’s founder and CEO, told Spa Business: “Fivelements is a brand we have long admired for its authenticity, its deep respect for local traditions, and its soul-driven approach to wellness.

“We are building this platform with multicultural teams who bring innovation without sacrificing soul,” Schweder said, adding that the team will be made up of around 1,500 people in total across the brand ecosystem. “Our goal is to redefine what wellness hospitality means at scale – something deeply human, future-facing and globally resonant.”

Each new opening is expected to feature unique architecture, advanced healing services and technologically-integrated
wellness programmes that reflect the brand’s evolving approach to regenerative wellness.

“Success will mean bringing the brand to life across continents, cultures and communities with a unified vision and deep operational alignment,” said Schweder. “For me personally, this journey is deeply meaningful. I do this work because I have experienced first-hand the power of wellness to heal. The upcoming retreats will be living expressions of that, spaces that help people elevate, reflect, heal and ultimately return home transformed.”

Read our profile of Ingo Schweder in the latest edition of Spa Business here. Sign up for your complimentary copy here.



News
1 to 12 of 9512 news stories
14 Jul 2026
Turkey came first at this year’s World Championship in Massage between 3-5 July in Copenhagen, Denmark. Organised by the International Massage Association (IMA), the ninth edition of this tournament saw the highest number of participants ... More
14 Jul 2026
Synergy – The Retreat Show, the global trade show for retreats, has launched a global research initiative that will provide insights into the retreat sector from both consumer and industry perspectives. The resulting report, which ... More
14 Jul 2026
The Wellness Tourism Association (WTA) has published a non-regulatory global industry framework designed to ensure the retreat market offers responsible experiences. The Six Principles for Responsible Retreats have been created to provide a shared reference ... More
12 Jul 2026
A new survey of international spa practitioners shows that stress, burnout and wellbeing concerns have caused one in three respondents to consider leaving the industry. The Therapist Wellbeing Report is based on responses from 159 ... More
09 Jul 2026
Wellness hotels generating less than US$1 million (€932,700, £785,200) – or 10 per cent of total revenue from wellness and leisure – recorded the strongest RevPAR and TRevPAR growth in 2025 across categories when compared ... More
08 Jul 2026
Robert Thurman, an expert on Tibetan Buddhism and the spiritual director of Menla Retreat and Dewa Spa in Woodstock, has died, aged 84. Thurman – also known for being father to actress Uma Thurman – ... More
10 Jul 2026
Fairmont Cheshire, The Mere, has opened today (10 July) near Knutsford in the north-west of England with a 1,715sq m Fairmont Spa that has been designed using a ‘Wellness without Walls’ concept. The Select Group, ... More
10 Jul 2026
Marriott International has partnered with Fitwel, a healthy building certification system that aims to optimise occupant health.  Marriott has become Fitwel’s first Enterprise Partner and the new healthy building solutions will be implemented across the ... More
10 Jul 2026
Becky Pelkonen, the sauna advocate and researcher, has unveiled the draft of a global public sauna-bathing charter. The ten guiding principles form the foundation for people building, running and championing public sauna-bathing. The draft, which ... More
09 Jul 2026
Lefay Resorts, the portfolio of two luxury wellness properties in Italy, has added emotional dance classes and group cold plunge sessions in response to market demand for social connection.  The brand says it is encouraging ... More
03 Jul 2026
Preidlhof Luxury DolceVita Resort, the destination resort and spa in Naturno, South Tyrol in Italy, will reveal a new spa in February 2027, designed by wellness expert and consultant Patrizia Bortolin. Bortolin has been the ... More
10 Jul 2026
Anna Bjurstam – who left her role as Wellness Pioneer at Six Senses Hotels and Resorts at the end of June – has launched a new wellness, longevity and 'consciousness consultancy' called Wahayla. Bjurstam is ... More
     
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International SPA Association - iSPA
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