With the Global Wellness Economy now valued at a staggering $4.2 Trillion (as of 2017), the business of wellness shows no sign of slowing down, those of us in this world must continue to innovate and disrupt in order to stay relevant to today’s increasingly discerning consumer. In this post, we hi light spa and salon concepts that are pushing the envelope and doing things differently.
We are so pleased to have contributed to Lodging Magazine a widely read hospitality industry publication on our favourite topic: Spa & Wellness! In the piece published in December, we discuss the risks and rewards of in-house vs. outsourced spa operations.
This week, The Global Wellness Institute announced that the wellness industry is now worth a staggering $42 trillion (yes, trillion!). The 2017 figure is encompassing of 10 sectors, including spa, beauty and anti-ageing, fitness and mind-body as well as wellness tourism. These figures don’t lie — wellness is BIG business and accounts for 5.3% of global economic output.