GSWS media partner, Professional Spa & Wellness Magazine, reports on announcement made by SRI International regarding the now $3.4 trillion Spa & Wellness industry. Senior SRI analysts Katherine Johnston and Ophelia Yeung presented the data in a preview of the Global Spa & Wellness Economy Report, which will be published at the end of the month.
SRI International in conjunction with the Global Spa & Wellness Summit released an updated report on the global and regional spa industry and presented on the wider wellness market. This update is the first for the spa industry since 2008 and for the wellness industry since 2010.
GSWS media partner, Spa Business magazine, reports on day one of the Global Spa & Wellness Summit. Spa Business writer Liz Terry writes about the invitation only event that kicked off on September 10 in Marrakech, Morocco, with more than 400 delegates gathering from 45 countries to share knowledge and best practice.
The Global Spa and Wellness Summit (GSWS) kicked off in Marrakech, Morocco, today (10 September), with more than 400 delegates gathering from 45 countries to share knowledge and best practice.
Research from SRI International, in conjunction with the Global Spa & Wellness Summit, presented new data on the global wellness tourism economy to a sold-out audience at the 8th annual Summit in Morocco.
Research from SRI International, in conjunction with the Global Spa & Wellness Summit, presented the first ever data collected on the thermal/mineral springs industry to a packed house at the 8th annual Summit in Morocco.
In case you missed the Knowledge Workshop by Dr. Nasim Ashraf (from the DNA Center for Integrative Medicine & Wellness in Abu Dhabi), it was fascinating and wide-ranging…
Dr. Ashraf discussed how predictive and personalized medicine – using genetic testing and epigenetics to ‘outsmart your genes’ – will completely transform the healthcare landscape in the next decade. Epigenetics is the study of changes in organisms caused by modification of gene expression rather than alteration of the genetic code itself, and it’s a science that zeros in on this essential truth: our genes may hold the gun on what diseases/conditions we will develop – but it’s our environment and lifestyle that pulls the trigger.
Sponsored Knowledge Workshop A New Model of Health & Wellness Dr Nasim Ashraf, Founder, DNA Health Corp, United Arab Emirates
GSWS media partner, Day Spa Magazine, reports on the busy series of events that were day one of the Global Spa & Wellness Summit. Day Spa Magazine writer Lisa Starr outlined items that were discussed like Africa being the last frontier of wellness tourism or curveballs to the industry like 3D printing or robotics. It all encapsulates a busy yet groundbreaking day of keynote speakers, knowledge forums, and discussions that will stimulate the spa industry for the year to come.
GSWS media partner, Spa Business magazine, reports on the list of mentors for the recently announced spa manager mentorship programme as part of the Global Spa Management Education Initiative have been revealed at the Global Spa and Wellness Summit (GSWS) currently taking place in Marrakech, Morocco.
GSWS media partner, Spa Business magazine, reports on the start of the Global Spa & Wellness Summit on September 10. Spa Business writer, Helen Andrews, touched upon new events like the 2014 Spa & Wellness Economy Research Report and the third annual Spa Education Forum. Both have been greatly anticipated by the Global wellness community.
Since SRI released its major report on the global wellness tourism market a year ago – the GROWTH JUST KEEPS ON GROWING.
Global revenues jumped from $439 billion USD in 2012 to $494 billion in 2013 – or 12.5% growth. Wellness travel now represents 14.6% of all travel spending worldwide.
From 2012 to 2013 wellness travel trips spiked 11.8% – from 524 million to 586.5 million.
Domestic wellness trips (the lion’s share of the market, at 68% of spend) grew 12.1%. International trips grew 10.1%
Primary wellness trips (13% of market) grew 11.2% – while secondary trips grew 11.9% in a year.
International wellness tourists now spend 59% more than the average border-crossing tourist – while domestic wellness travelers spend 159% more.
Market revenue leaders: North America $196.5 billion USD – Europe $178.1 billion – Asia-Pacific $84.1 billion – Latin America/Caribbean $25.9 billion – Africa $3.2 billion.
But look at the developing story for developing regions…Growth from 2012 to 2013: Sub-Saharan Africa 57% – Middle East/North Africa 39% – Asia-Pacific 21% – Latin America 16% – Europe 12% and North America 8%.
Check out Morocco: they doubled their wellness travel trips and expenditures from 2012 to 2013 – to $2.2 million trips and $1.7 billion USD in revenue.