Published on : Friday, October 21, 2016
Indicating more good news for luxury tourism is the fact that global wellness-tourism industry has grown 14% over the last two years, more than twice as fast as overall tourism.
This is in accordance with the initial results of the 2016 Global Wellness Economy Monitor which were unveiled at the group’s 10th annual Global Wellness Summit, held in Tyrol, Austria. The full report won’t be released until next year.
According to a press release from the GWI, wellness tourism revenue grew from $494.1 billion in 2013 to $563.2 billion in 2015, or 14%, compared to 6.9% growth in overall tourism. The world travelers made 691 million wellness trips in 2015, 104.4 million more than in 2013. With this wellness tourism now accounts for 15.6% of total tourism revenues, nearly one of every six dollars tourists spent.
Wellness tourists also spent 61% more per trip with the spending by domestic wellness travelers being 164% higher than the typical domestic tourist, GWI said.
In addition to wellness tourism, the group reported the global wellness industry in general grew 10.6%, from $3.36 billion in 2013 to $3.72 billion in 2015.
Among the 10 wellness markets analyzed, tourism came in as the fourth fastest growing, behind preventive and personalized medicine, which grew 23.5%; fitness and mind and body, which was up 21.4%; and wellness-lifestyle real estate, at 18.6%.
“A profound shift in the way people consume wellness is underway: once a luxury or add-on, it’s now being infused into every aspect of daily life, from how people work to how they travel,” said Katherine Johnston, senior research fellow at GWI.