XWELL partners with the Orlando Magic as their Official Wellness Spa, expanding wellness services into Florida's local markets.
Quiver AI Summary
XWELL, Inc., a provider of wellness solutions, has announced a multiyear partnership with the Orlando Magic, naming XWELL as the Official Wellness Spa of the team. This collaboration marks a strategic expansion for XWELL into Florida, allowing the company to introduce its wellness services to a broader audience beyond airport travelers. CEO Ezra Ernst emphasized the goal of making wellness more accessible to the local community, while the Magic's Sr. VP of Global Partnerships noted the shared focus on customer service. The partnership will feature brand integration across various platforms, including LED signage and exclusive events, reinforcing XWELL's presence in Florida and its commitment to customer acquisition and community engagement. The two organizations plan to launch their first co-branded campaign and sweepstakes in the upcoming season.
Potential Positives
- XWELL, Inc. has established a multiyear partnership as the Official Wellness Spa of the Orlando Magic, marking a significant expansion into the Florida market.
- This collaboration allows XWELL to enhance brand visibility through various promotional channels associated with the Orlando Magic, including digital and in-arena platforms.
- The partnership aims to strengthen customer acquisition and establish lasting connections with local consumers in Florida, aligning with XWELL’s business growth objectives.
- XWELL will engage the community through unique events and promotions, further promoting wellness among fans and the broader Orlando community.
Potential Negatives
- Partnership details may imply an over-reliance on sponsorships for brand visibility rather than organic growth.
- No specific financial terms or expected revenue from the partnership were disclosed, potentially raising concerns about the financial viability of this strategy.
- The focus on a single market (Florida) could indicate a lack of diversification in XWELL’s growth strategy, posing risks if this market underperforms.
FAQ
What is the new partnership announced by XWELL?
XWELL has been named the Official Wellness Spa of the Orlando Magic as part of a multiyear partnership.
How does XWELL aim to expand its reach in Florida?
XWELL is focused on expanding its medspa footprint and building brand awareness through community engagement and high-visibility brand activations.
What benefits will fans receive from the XWELL and Orlando Magic partnership?
Fans can expect exclusive discounts, chances to win spa treatments, and unique opportunities via co-branded campaigns and sweepstakes.
What services does XWELL provide?
XWELL offers wellness solutions including spa treatments, medspa services, and other health and beauty offerings across various locations.
Where can I find more information about XWELL?
For more details about XWELL’s services and locations, visit their official website at www.XWELL.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$XWEL Hedge Fund Activity
We have seen 5 institutional investors add shares of $XWEL stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY removed 75,096 shares (-93.8%) from their portfolio in Q1 2025, for an estimated $76,597
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 19,756 shares (+inf%) to their portfolio in Q1 2025, for an estimated $20,151
- TWO SIGMA SECURITIES, LLC removed 10,114 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $15,272
- GEODE CAPITAL MANAGEMENT, LLC removed 5,141 shares (-9.6%) from their portfolio in Q1 2025, for an estimated $5,243
- TOWER RESEARCH CAPITAL LLC (TRC) added 3,355 shares (+104.2%) to their portfolio in Q1 2025, for an estimated $3,422
- UBS GROUP AG removed 315 shares (-9.2%) from their portfolio in Q1 2025, for an estimated $321
- WINCH ADVISORY SERVICES, LLC removed 25 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $37
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), a leading provider of wellness solutions for people on the go, today announced it has been named the Official Wellness Spa of the Orlando Magic as part of a new multiyear partnership. The partnership reflects a significant milestone in XWELL’s strategic expansion beyond airports and into high-growth local markets – beginning with Florida.
“This partnership with the Orlando Magic represents a powerful opportunity to introduce our wellness offerings to a broader community,” said XWELL CEO Ezra Ernst. “Florida is a priority growth market for us, and we’re proud to partner with an organization that shares our dedication to physical and mental well-being. Together, we’ll help make wellness more accessible and top-of-mind for fans throughout the region.”
Building on its strong foundation in Orlando —where XWELL has long served wellness-minded travelers at its Xpres Spa in Orlando International Airport—this new collaboration allows XWELL to extend its reach into the broader community. It underscores the company’s expanding mission to liberate wellness beyond travel hubs and into daily life.
Through this partnership, XWELL will receive significant brand integration across the Magic’s digital and in-arena platforms, including LED signage during home games, sponsored sweepstakes, radio promotions, website and app placement, and exclusive activations at Magic Fan Fest events outside the Kia Center. The agreement also includes on-court contests, consumer giveaways, and a co-branded wellness event at a local XWELL spa location featuring appearances by Magic alumni, the Magic entertainment teams, and fan-favorite mascot STUFF.
“The Orlando Magic are thrilled to partner with XWELL, a brand continuing to grow in Central Florida,” said Magic Sr. Vice President of Global Partnerships J.T. McWalters. “As two organizations that place an emphasis on legendary customer service, this partnership is a natural fit. We can’t wait to share with our fans all that XWELL has to offer the Central Florida community.”
The partnership plays a key role in supporting XWELL’s business goals in Florida, where the company is focused on expanding its medspa footprint as well as building brand awareness and lasting connections with local consumers. Through high-visibility brand activations and community engagement, XWELL aims to strengthen customer acquisition and solidify its role as a leading wellness provider in the state – inside and outside the airport.
For Magic fans and the broader Orlando community, XWELL’s presence at Kia Center and in the local area reflects the shared commitment of both brands to the health and well-being of its fans, players, and staff. With a growing number of wellness spas and services available to Magic fans across Florida, XWELL is poised to help bring the same mindset of care, recovery, and resilience off the court and into everyday life.
XWELL and the Orlando Magic will launch their first co-branded campaign and sweepstakes this season, offering fans exclusive discounts, chances to win a year of spa treatments, and additional unique opportunities to come.
To learn more about XWELL’s services and locations, visit www.XWELL.com .
About XWELL, Inc.
XWELL, Inc. (Nasdaq: XWEL) is a global wellness holding company that operates a portfolio of brands dedicated to health, beauty, and self-care, including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™. With locations in airports and metropolitan areas across the country, XWELL is redefining the modern wellness experience through innovation, personalization, and accessibility.
About the Orlando Magic
Orlando's NBA franchise since 1989, the Magic's mission is to be world champions on and off the court, delivering legendary moments every step of the way. Under the DeVos family’s ownership, the Magic have seen great success in a relatively short history, winning eight division championships (1995, 1996, 2008, 2009, 2010, 2019, 2024, 2025) with seven 50-plus win seasons and capturing the Eastern Conference title in 1995 and 2009. Off the court, on an annual basis, the Orlando Magic gives more than $2 million to the local community by way of sponsorships of events, donated tickets, autographed merchandise and grants. Orlando Magic community relations programs impact an estimated 100,000 kids each year, while a Magic staff-wide initiative provides more than 7,000 volunteer hours annually. In addition, the Orlando Magic Youth Foundation (OMYF) which serves at-risk youth, has distributed more than $30 million to local nonprofit community organizations over the last 35 years. The Magic’s other entities include the team’s NBA G League affiliate, the Osceola Magic, 2021 G League champions, and the Orlando Solar Bears of the ECHL, which serves as the affiliate to the NHL’s Tampa Bay Lightning. The Magic play their home games at the award-winning Kia Center – voted by fans no. 1 in the NBA for game experience; honored with TheStadiumBusiness Awards’ Customer Experience Award; named SportsBusiness Journal's Sports Facility of the Year; and awarded the Venue Excellence Award (VEA) by the International Association of Venue Managers. The Magic practice at the award-winning AdventHealth Training Center. The Magic was also recognized by the Sports Business Journal as one of the “Best Places to Work” in sports in 2023 and 2024. For ticket information, visit
OrlandoMagic.com
or call 407-89-MAGIC.
Forward-Looking Statements
This press release may contain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: the anticipated use of proceeds from the private placement. Forward-looking statements relating to expectations about future results or events are based upon information available to XWELL as of the date of this press release, and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in the Company’s Annual Report on Form 10-K, as amended, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other
Securities and Exchange Commission
filings. All subsequent written and oral forward-looking statements concerning XWELL, or other matters and attributable to XWELL or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XWELL does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/314d6ece-0fb7-460a-8413-bd3ffe40667d