Extreme Heat: The Threat to Existing and Ambitious, New Wellness Destinations By Thierry Malleret, economist Last month, extreme heat caused the deaths of more than 1,300 pilgrims in Mecca (Saudi Arabia), where temperatures exceeded 120°F. Deadly heat also roasted several countries renowned for their tourism industry and wellness resorts (like Greece), making it unbearable to stay outside or inside without air conditioning – and causing…
First-ever 15-Year Time Series Data for the Global Spa Industry—With Forecast through 2027 While the Global Wellness Institute (GWI) is well known for our comprehensive and rigorous wellness economy data, many may not know that our work began over 15 years ago with a focus on the spa industry. GWI’s lead economists released the very first global spa economy study in 2008. Since that time,…
Understanding GWI’s Mental Wellness Economy Data (A market that will grow from $181 billion in 2022 to $330 billion by 2027) In November 2020, the Global Wellness Institute (GWI) released Defining the Mental Wellness Economy, which was the first ever study to clearly define mental wellness as separate from mental health, and to define and quantify the mental wellness industry. Mental wellness was most recently…
Study: Women Who Do Strength Training Live Significantly Longer A new study from Cedars–Sinai and other global researchers (using data from 400,000 people) evaluated the differences in the effects of exercise between men and women. It found that women who do strength training exercises two to three days a week are more likely to live longer and have a 30% lower risk of death from…
Obesity’s Impact on Economic Growth and Productivity By Thierry Malleret, economist Obesity’s impact on people’s health and wellbeing is well known, but its impact on economic growth and prosperity is less understood. Appositely, new research suggests that a strong positive correlation exists between obesity and economic inactivity, as well as negative correlation between obesity and productivity. In the UK (where obesity is estimated to cost…
Research in Action: GWI Shared Wellness Real Estate Insights at the Urban Land Institute (ULI) Spring Meeting At the full-day event, we introduced the concept of holistic wellness, the wellness economy (our favorite, the bubble chart!), and the size and opportunities for wellness real estate, focusing on the residential market. We discussed the growing importance and consumer interest in these products, and shared the framework…
