Yesterday, the GWI released a new Global Wellness Tourism Economy report at World Travel Market (WTM) in London. This is the study that put wellness tourism on the world’s radar, and the new edition is packed with more regional and national data and trends than ever before. A few findings: Wellness tourism grew from a $539 billion market in 2015 to $639 billion in 2017—a…
New Edition of Hydrothermal Spa & Wellness Development Standards Book Released
The GWI’s Hydrothermal Initiative has just released a new edition of its popular Guide to Hydrothermal Spa & Wellness Development Standards Expanded by 50 pages, the book provides a primer for anyone—whether designers, architects or builders—on designing thermal experiences and wet areas for commercial properties or residential homes. It covers everything from project planning to construction considerations, including recommended standards and materials—and new for 2018…
Forces Shaping the Now $4.2 Trillion Wellness Economy
A recent article in Fast Company dove into the GWI’s new research report, the Global Wellness Economy Monitor, finding that the 10 markets that make up the wellness economy are now worth $4.2 trillion. GWI Senior Researcher Ophelia Yeung explains some macro forces that are now defining the wellness market: from people’s interaction with wellness now becoming less episodic and more holistic to how the…
Climate Change Happening Faster than Predicted; Seaside Resorts in Line of Fire
MONTHLY BAROMETER The debate about whether “green growth” will succeed in decoupling GDP growth from the total use of natural resources (that has been raging for years) is now settled by academic research. Every single reputable study shows that, even after accounting for rapid technological innovation and new taxes (such as a global carbon tax), there are physical limits to how efficiently we can use…
Wellness Now a $4.2 Trillion Global Economy – Download Report & Chart
Wellness Now a $4.2 Trillion Global Economy – with 12.8% Growth from 2015-2017 New Global Wellness Institute research reveals wellness market is growing at historic rate: nearly twice as fast as global economy; Report packed with regional and national data Download High Resolution Image Cesena, Italy – October 6, 2018 – The global wellness industry grew 12.8% in the last two years, from a $3.7 trillion…
It’s Official: Overtourism Is Now a Defining Issue of the Travel Industry
MONTHLY BAROMETER As we argued in past editions, a deceleration in global growth won’t affect global tourism (and wellness tourism) in a proportional/linear manner. The rise of the global middle class combined with the rise of discount travel (plus the insatiable human appetite to discover new places) means that tourism will continue to grow, (almost) no matter what. It did even in the midst of…