Les Thermes d'Allevard

What Les Thermes d'Allevard does

Les Thermes d'Allevard is a French thermal spa establishment operating since 1849 in Allevard-les-Bains (Isère, Auvergne-Rhône-Alpes), legally constituted as SOCIÉTÉ DES ÉTABLISSEMENTS THERMAUX D'ALLEVARD (SET ALLEVARD), a privately held Société Anonyme. Since April 2016, it has been part of the Sources d'Équilibre group created by Compagnie Lebon, alongside the Thermes de Brides-les-Bains station. The company specializes in medically prescribed thermal cures in two principal orientations — rheumatology (RH) and respiratory tract (VR) — plus a double-orientation cure combining both, with shorter 6-day non-conventional health cures targeting chronic joint pain, fibromyalgia, and pediatric respiratory conditions (ages 18 months and older).

The underlying technology is the station's naturally occurring sulfurous mineral water, pumped from 190 meters depth in the Alpine massif, characterized by an exceptionally high concentration of sulfur and sulfates with neutral pH — recognized for therapeutic virtues since 1836. Treatment protocols include historical cold inhalation techniques (Bernard-Niepce method, 19th century), balneotherapy, aerosol therapy, and since 2009 an innovative fibromyalgia therapeutic education program combining thermal care with nutritherapy, psychological support, and behavioral therapy. A digital extension, the RespiRelax+ mobile application (launched 2012, 4M+ downloads), delivers guided cardiac-coherence breathing exercises offline.

The business operates seasonally (March 30 to October 24, 2026) on a mixed B2C and prescribed-medicine model. Revenue derives from four streams: (1) 18-day conventional thermal cures partially reimbursed by French Social Security with patient co-pay, (2) non-reimbursed 6-day Health Cures at €245–€470, (3) à-la-carte spa, massage, and Sothys beauty treatments at €15–€240, and (4) complementary paid programs (Serenity, Pass'Sport, RespiRelax, fibromyalgia education). Distribution is direct-to-consumer via website booking, phone, mail, and on-site walk-ins; conventional cures are gated by physician prescription through the CNETH medical network. Customer mix spans rheumatology patients, respiratory/ORL patients (including pediatric), fibromyalgia sufferers, family caregivers, and wellness guests age 16+. Satisfaction stands at 82% per disclosed station metrics, with a Thermarchrose clinical study showing 50% greater improvement in pain and function versus control at 3, 6, and 9 months post-cure.

Name

Les Thermes d'Allevard

Legal name

SOCIÉTÉ DES ÉTABLISSEMENTS THERMAUX D'ALLEVARD

Website

https://thermes-allevard.com

Company type

Private

Founded year

1849

Operating status

Operating

Headcount range

1–10 employees

Short description

Les Thermes d'Allevard operates a French Alpine thermal spa offering 18-day medically prescribed cures and 6-day health programs for rheumatology, respiratory conditions, and fibromyalgia, plus day spa and fitness services, serving individual patients and wellness guests under the Sources d'Équilibre group.

Ownership category

akta.pro rank

Product category

Thermal Spa and Wellness Services

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Spa & Massage Services (Day Spas, Massage Studios, Treatment Packages) (THAJAHAC)

akta.pro secondary industries

Medical Wellness & Longevity (Health Screening, Biohacking, Anti-aging Programs) (THAJAHAI), Hydrotherapy & Thermal Spa Services (Sauna/Steam/Hot Tubs) (HSALAFAF)

Keywords

• Thermal spa services
• Rheumatology treatments
• Respiratory therapy
• Wellness programs
• Medical spa

Headquarters

HQ city

Allevard

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Thermal Cure Services (Cures thermales conventionnées): 18-day conventional thermal cures prescribed by physicians and partially covered by French Social Security for rheumatology (RH) and respiratory (VR) orientations. Revenue from treatment fees, with patient co-payment (ticket modérateur).
2. Health Cures (Cures Santé 6 jours): Non-conventionnée 6-day thermal breaks for chronic joint pain, fibromyalgia, and respiratory issues. Not covered by Social Security; full price paid by patients. Includes access to spa facilities.
3. Spa and Wellness Services: Day spa entries, massage treatments, balneotherapy, and Sothys beauty treatments sold à la carte or as packages. Revenue from individual treatments and multi-entry passes.
4. Complementary Programs: Additional paid programs including Serenity packages, Pass'Sport, RespiRelax, therapeutic education programs for fibromyalgia, and special fibromyalgia care packages. Additional charges on top of base cure.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Les Thermes d'Allevard operates a thermal spa complex in the French Alps providing 18-day conventional thermal cures for rheumatology (RH) and respiratory/ORL (VR) conditions, partially reimbursed by French Social Security. It also offers non-conventional 6-day health cures for chronic joint pain, fibromyalgia, and pediatric respiratory conditions, alongside day spa services, Sothys beauty treatments, massages, fitness facilities, and the RespiRelax+ breathing mobile app.

Product overview

Les Thermes d'Allevard operates a thermal spa complex offering therapeutic thermal cures and wellness services. The core products are conventional 18-day thermal cures in Rheumatology (RH) and Respiratory Tract (VR) orientations, plus a double-orientation cure combining both. Shorter 6-day health cures provide alternatives for those with time constraints, covering chronic joint pain, fibromyalgia, and pediatric respiratory conditions. Complementary programs include therapeutic education for fibromyalgia, Serenity packages, Pass'Sport fitness access, and RespiRelax breathing programs. The Spa d'Allevard provides day spa services including massages, Sothys beauty treatments, and relaxation facilities. A digital product, the RespiRelax+ breathing app, extends the wellness offerings digitally. The thermal water is sulfur-rich, pumped from 190 meters depth, with medicinal properties recognized since 1836.

Differentiator

Problem solved

Functional benefit

Brands

• Respirelax+: Mobile application for guided breathing and cardiac coherence, developed by Thermes d'Allevard in 2012
• Spa d'Allevard
• Espace Forme

Products and services

• Cure thermale Rhumatologie (RH) 18 jours Conventional 18-day thermal cure prescribed by physicians for treating rheumatism, arthritis, and chronic joint pain using sulfur-rich thermal water; partially reimbursed by French Social Security.
• Cure thermale Voies Respiratoires (VR) 18 jours Conventional 18-day respiratory tract thermal cure treating ORL conditions including sinusitis, bronchitis, asthma, and allergies using sulfur-based inhalation therapies.
• Cure thermale double orientation 18 jours Combined 18-day thermal cure treating both rheumatology and respiratory tract conditions simultaneously for patients with dual therapeutic indications.
• Cure Santé Douleurs Articulaires Chroniques 6 jours 6-day non-conventional health cure targeting chronic joint pain, designed for those unable to commit to 18-day conventional cures; not covered by Social Security.
• Cure Santé Fibromyalgie 6 jours 6-day health cure specifically designed for fibromyalgia patients, providing pain relief and relaxation using sulfur thermal water combined with therapeutic education.
• Cure Santé Voies Respiratoires 6 jours 6-day respiratory health cure for adults featuring 6 daily thermal treatments, 3 pool mobilization sessions, conferences, 2 thirty-minute massages, and free spa access.
• Cure Voies Respiratoires Enfants 6 jours 6-day pediatric respiratory health cure for children from 18 months, including 5 daily treatments (gargles, nose baths, nasal irrigation, aerosol sonique, inhalations) and 6 thermal baths; requires medical prescription.
• Spa d'Allevard Day spa and wellness facility featuring sauna, hammam, jacuzzi, aquaforme pool, and relaxation spaces with herbal tea bar; open seasonally Monday-Saturday 10h-19h.
• Séjours Spa Multi-day spa overnight packages including Découverte Bien-être (2 days), Découverte 100% sur mesure (3 days), and Découverte Thermale (2 days).
• Massages et Soins à la carte À la carte spa treatments including hydrojet, various massages (Evasion, solo, duo), balneotherapy, body scrub, foot massage, and floatation wrap.
• Soins beauté Sothys Facial and body beauty treatments in collaboration with French beauty brand Sothys, including Hanakasumi body protocol, intensive treatment trilogy, and certified organic facials.
• Espace Forme Fitness facility with cardiotraining area, muscle strengthening zone, stretching area, and group classes including yoga, Pilates, and aquagym.
• RespiRelax+ Application Free mobile application developed by Les Thermes d'Allevard in 2012, providing guided breathing exercises based on cardiac coherence principles for stress management and relaxation; over 4 million downloads.

Quantifiable outcome

• 82% of guests declare themselves very satisfied with their stay
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Sources d'ÉquilibrecoreStrategic or Co-development Partner · 1 April 2016Brand created by Compagnie Lebon in 2014 to federate thermal spa operations. Thermes d'Allevard joined in April 2016, forming a new thermal group with Thermes de Brides-les-Bains. Group promotes sustainable thermalism with 90%+ customer satisfaction rates.
• SothyscoreStrategic or Co-development PartnerPrestigious French beauty brand partnership for facial and body treatments. Sothys provides advanced research formulas and exclusive protocols while Thermes d'Allevard adds thermal expertise and Alpine setting. Co-branded treatments include Hanakasumi, Trilogie intensive, and customized treatments.
• Office de Tourisme du Pays d'AllevardminorGTM or Marketing PartnerLocal tourism office providing information on accommodation, activities, and visitor services for Allevard spa town guests. Website: allevard-les-bains.com
• CNETH (Conseil National des Etablissements Thermaux)minorGTM or Marketing PartnerNational council of French thermal establishments. Promotes thermal medicine and provides physician resources. Links to medecinethermale.fr for practitioner information.
• Thermes de Brides-les-BainscoreStrategic or Co-development PartnerRelated thermal station under Sources d'Équilibre group. Specializes in weight management and rheumatology. Shares brand identity and promotional efforts with Allevard.
• KayakminorGTM or Marketing PartnerTravel search platform partnership for visitor accommodation and travel booking. Listed as partner on website.
• Rhône-Alpes Thermal / BalineaeminorGTM or Marketing PartnerRegional thermal organization (Balineae) promoting thermal tourism in the Rhône-Alpes region. Showcases Allevard as a destination.

Scale indicators5 records

Expansion highlights5 records

Direct peers

• Thermes de Vichy (Vichy Célestins): One of France's flagship thermal spa operators offering medical wellness cures (digestive, rheumatology) plus premium spa and beauty services. Closest direct competitor in scale and historical positioning within the French thermal spa market.
• Thermes de Bagnères-de-Luchon: Pyrenees thermal spa offering rheumatology, respiratory, and phlebology cures with spa and beauty services. Directly comparable French mountain thermal station with seasonal operation and similar demographic focus.
• Thermes d'Aix-les-Bains: Major French thermal spa station offering multiple orientations (rheumatology, respiratory, phlebology) with full spa and wellness services. Comparable destination thermal spa model in the Auvergne-Rhône-Alpes region.
• Thermes de La Bourboule: French thermal spa in the Massif Central specializing in respiratory and dermatological conditions plus pediatric care. Comparable traditional thermal station with similar cure orientations and family-friendly positioning.
• Thermes de Royat: Auvergne thermal spa offering rheumatology and cardiovascular/respiratory cures, with associated spa and wellness services. Directly comparable French thermal station model with similar cure orientations.
• Thermes de Brides-les-Bains: Sister thermal station under the same Sources d'Équilibre group, focused on weight management and rheumatology cures in the French Alps. Directly comparable business model (medical cures + spa + wellness) and shares brand, marketing, and group-level decision-making.

Others

• Balinea (Rhône-Alpes Thermal): Regional thermal tourism network promoting destinations across the Rhône-Alpes/Auvergne-Rhône-Alpes region including Allevard. Ecosystem partner rather than competitor; relevant as a regional distribution and marketing channel.
• Compagnie Lebon: Parent company of Sources d'Équilibre group that owns Les Thermes d'Allevard. Listed French investment holding with hospitality and thermal assets — relevant as the controlling shareholder and capital allocation decision-maker rather than as a direct competitor.
• Sothys: Strategic beauty product partner providing the branded facial and body treatments (Hanakasumi, Trilogie) sold at Allevard's spa. Not a competitor but a critical commercial partner whose brand reputation supports premium spa pricing.

Broad incumbents

• Valvital: French thermal spa operator running multiple stations across France with combined medical cures and wellness offerings. Larger and broader portfolio than Allevard, but directly comparable service lines and customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/thermes-allevard

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Les Thermes d'Allevard