Amid the COVID-19 crisis, the global market for Wellness Tourism estimated at US$735. . Wellness tourism attracts the high-end tourists from developed and developing nations, it increases the economy of not only developed countries but also small or underprivileged regions, which otherwise are rich in conventional . One possible clarifying distinction between medical and wellness tourism is the following. Wellness tourism represents 17% of all worldwide tourism expenditures. DRI International defines wellness tourism as 'all travel associated with the pursuit of maintaining or enhancing one's personal wellbeing'. He also wrote a book on her work out. While . Wellness tourism is growing at a rapid pace that rivals the growth rate of the entire travel and tourism industry of the world. Apparently, she did planks, push-ups, and squats consistently. Dimon is an industry veteran and the founder-editor of TravelToWellness.com, an online magazine resource for the wellness-minded traveler. Therefore we can say that wellness tourism turns travel into an opportunity to maintain and improve holistic health. DRI International defines wellness tourism as 'all travel associated with the pursuit of maintaining or enhancing one's personal wellbeing'. The wellness tourism. Tatiana Rokou / 24 Nov 2021 10:40 2040. Wellness tourism as a share of global tourism in 2015 Market size of the workplace wellness industry worldwide 2017-2022 Lifestyle changes of travelers after wellbeing vacations worldwide as of . Global Wellness Tourism Market to Reach $1.2 Trillion by 2027 Amid the COVID-19 crisis, the global market for Wellness Tourism estimated at US$735.8 Billion in the year 2020, is projected to reach a revised size of US$1.2 Trillion by 2027, growing at a CAGR of 6.6% over the period 2020-2027. Health & Wellness The Land of Smiles is a leader in medical and wellness tourism. Wellness Tourism Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026. While the global wellness tourism market fell from $720.4 billion to $435.7 billion—a whopping 39.5%—between 2019 and 2020, it's bouncing back with astonishing gusto. Based on service, wellness tourism market has been segmented into lodging, in-country transport, wellness activities, food & beverage, and others. SHA Wellness Clinic in Spain is all about science-based treatments that deliver results . According to the report, global demand for wellness tourism market was valued at approximately USD 682.3 billion in 2018, and is expected to generate revenue of around USD 1,131.5 billion by end of 2025, growing at a CAGR of around 7.6% between 2019 and 2025. In total, we estimate that the global wellness tourism economy is worth nearly $440 billion and accounts for roughly 14 percent of global tourism expenditures. We have successfully completed our Covid-19 Consumer Wellbeing and Travel Intention Survey in June/July 2020 with over 2,000 respondents from over 70 countries. Exploring Health Tourism. This kind of tourism has several benefits. The study projects a 21 percent annual growth rate for wellness tourism through 2025. Let's work together and put a plan in place to capitalize on your assets and position your business for success. We have successfully completed our Covid-19 Consumer Wellbeing and Travel Intention Survey in June/July 2020 with over 2,000 respondents from over 70 countries. Over the years I have referenced several WTW reports to provide education and marketing intelligence to potential investors, banks and private owners who are venturing into wellness tourism. Wellness Tourism Worldwide > What is Wellness Tourism Wellness Destination Strategy Speaking Wellness Travel Academy News Reports Monthly Meet-Ups Search by typing & pressing enter. The Global Wellness Tourism Market Size is expected to grow at a robust CAGR of 10.2% during the forecast period from 2021-2028, However, MRFR predicts that one of the factors inhibiting this expansion will be lack of awareness about quality standards among providers due to low government regulation.. Wellness Tourism is the concept of traveling with the purpose to maintain or improve one's . How is Wellness Tourism Worldwide (various locations) abbreviated? In health and wellness tourism quality/excellence safety and ethics are deeply connected. Tourism is one of the largest and fastest growing industries in the world. Paradise contacted Anne Dimon, President of the Wellness Tourism Association to gather insights on this sector of the travel industry. Edmund Bartlett says Jamaica is moving ahead in earnest with the implementation . Overall, the United States recorded the highest wellness tourism spending worldwide before and after the pandemic. Wellness tourism differs markedly from medical tourism. Amid the COVID-19 crisis, the global market for Wellness Tourism estimated at US$735.8 Billion in the year 2020, is projected to reach a revised size of US$1.2 Trillion by 2027, growing at aCAGR of 6.6% over the period 2020-2027. 2 Box 1: Distinction between medical tourism and wellness tourism Source: Global Spa Summit, 2011 In practice, the lack of common definitions of the phenomenon has led to inconsistent and variable country data (see table 1). YOUR CART. The Global Wellness Institute defines wellness tourism as travel with the pursuit of maintaining or enhancing one's personal wellbeing. The global wellness tourism market revenue was valued at USD 639.65 billion in 2017 and is expected to reach USD 1,062.83 billion by 2025. ESPA (Brussels) 1998 Guide of the 100 Best SPAS of the World 2003 Spa Asia Magazine 2007 Medical Tourism Association MTA USA 2007 I Congress on Medical Tourism Worldwide Munich 2008 I International Health Tourism Congress Turkey Association of Improving . WELLNESS TOURISM WORLDWIDE. World's best wellness treatments: 13 health retreats and spas using a science-based approach. GWI defines wellness tourism as travel associated with the pursuit of maintaining or enhancing one's personal wellbeing. Amid the COVID-19 crisis, the global market for Wellness Tourism estimated at US$735. International wellness tourists on average spent $1,528 per trip, 53 percent more than the typical international tourist. Host for this virtual event is Anne Dimon, Co-Founder and President /CEO of the Wellness Tourism Association.A long-time industry journalist who has traveled the world as a columnist/contributor to a wide variety of publications, Anne is also Owner/ Editor of TravelToWellness.com launched in 2004 as the first online resource for the wellness-minded traveler. Market. Global wellness tourism market was valued at US$641.298 billion in 2019. In 2020, worldwide wellness tourism declined 39.5 percent, while worldwide overall tourism declined 43 percent. The global wellness tourism market size was valued at USD 683.3 billion in 2018 and is expected to register a CAGR of 7.1% over the forecast period. However, spending by domestic and inbound wellness tourists in the U.S. dropped . It can be rightly said that health and wellness travel is one of the trends in the hospitality industry with a bright future. Increasing willingness to adopt wellness lifestyles coupled with rising affordability of flights and travel options and growing interest in empirical travels will augment the market growth. According to the Wellness Tourism Association, in today's world, the term Wellness Retreat has two definitions: #1 A Wellness Retreat is a guided, intention-driven, multi-day program with a set or semi-set schedule, and hosted by one or more facilitators. The global market share, size along with dynamics are covered in the wellness tourism market report SITCON 2021 SPA&WELLNESS TOURISM - DEVELOPMENT, PERSPECTIVES, AND EXPERIENCES CONFERENCE PAPERS DEVELOPMENTAL PERSPECTIVE OF WELLNESS TOURISM OF REPUBLIC OF CROATIA IN THE POST-COVID-19 PERIOD - A THEORETICAL FRAMEWORK Abstract: Romina Alkier1, The pandemic caused by the COVID-19 virus reflected significantly on the world Vasja Roblek2, economy and particularly countries in which tourism is . * Indicates required field. This statistic shows a forecast for the global market size of the wellness tourism industry in 2020 and 2027. First Name * First. 8 Billion in the year 2020, is . The wellness procedures and services in South Africa are being recognized by the world and the influx of medical travelers is increasing in the country owing to this very reason. The GSWS- SRI Research Report on the Economic Impact of Global Wellness Tourism can be a progressive platform which supports the consumer's will to be proactive about using preventative care, with the integration of global wellness options and its impact on economic growth of hospitals, physicians, spas, wellness retreats, travel and home . Our mission is to improve well-being and economic growth through travel and our vision is to make wellness tourism accessible, fun and rewarding for as many people as possible. 8 Billion in the year 2020, is . That year, travelers in Europe took over 221 million trips for wellness tourism purposes, while visitors in the. According to GWI's Global Wellness Tourism Economy report, "Wellness tourism growth is very much a tale of developing markets, with Asia-Pacific, Latin America-Caribbean, Middle East-North Africa, and sub-Saharan Africa accounting for 57 percent of the increase in wellness trips since 2015. Our Wellness Retreats Guide helps you find the wellness retreat that works best for you.. The topline findings can be viewed on our presentation link. Wellness tourism is over powering all other forms of tourism industry all across the world. The sixth-largest country in the world, Australia offers its wellness tourists much to choose from — whether it's a metropolitan adventure in one of Australia's multicultural cities or exploring the country's many natural environments. Wellness tourism is travel associated with the pursuit of maintaining or enhancing one's personal wellbeing. The global wellness tourism market attained a value of USD 732 billion in 2020. The wellness tourism economy includes all expenditures that tourists make during a trip to improve or maintain their wellbeing. The wellness tourism market is further expected to grow in the forecast period of 2022-2027 at a CAGR of nearly 7% to reach USD 1098.5 billion by 2026. Wellness Tourism Association Launched in January of 2018 and incorporated as a not-for-profit in the United States of America, the Wellness Tourism Association (WTA) is a global network for qualifying DMOs, hotels/resorts/retreats, tour operators, travel advisors, wellness practitioners, media and others in the global wellness tourism industry. Wellness Tourism Worldwide is a leader in education, development and promotion of wellness travel and tourism. Wellness tourism refers to traveling for health and well-being reasons. The market is primarily being driven by the rising number of tourists worldwide. Wellness tourism refers to traveling for health and well-being reasons. RBG had a trainer of 20 years. Join Us; Join Us! The global wellness tourism market has been split into service, travel type, and region. The research from Wellness Tourism Worldwide brings great value to my consultancy and clients. In 2020, the lodging segment accounted for the highest share in the market. Wellness Tourism: Conceptual Analysis and Trends: 10.4018/978-1-7998-7239-9.ch009: Crisis, social discontent, and dissatisfaction among people lead to a greater interest in relaxing the soul, body, and mind as a refuge within tourism. Ute Junker. GWI defines wellness tourism as "travel associated with the pursuit of maintaining or enhancing one's personal well-being.". Analysis of the Global and Asian Wellness Tourism Sector Scott Wayne with Emma Russell This background paper was prepared for the report Asian Development Outlook 2020 Update: Wellness in Worrying Times. The WTA defines Wellness Tourism as "A specific division of the global tourism industry that is defined by the common goal of marketing natural assets and/or activities primarily focused on serving the wellness-minded consumer and those who want to be." Wellness Tourism Market is anticipated to reach USD XX.X BN by 2026 with a CAGR of 7.5%, this market report provides the trends, growth & forecast of the market based on in-depth research by industry experts. The wellness tourism economy includes all expenditures that tourists make during a trip to improve or maintain their wellbeing. Japan is now the third-largest wellness tourism destination in Asia, in terms of total visitors, according to the Global Wellness Institute's 2019 Global Wellness Trends report.. Health & Wellness Tourism key element in Blue Ocean strategy. The global Wellness Tourism market size was valued at US$ 683.5 billion in 2020 and is anticipated to grow at a CAGR of 7.10% during forecast period 2021 to 2028. 2 Trillion by the Year 2027. He saluted and honored her life by dropping down and doing push-ups in front of her casket. Despite the overall hit to wellness tourism, 2022 and beyond show a more optimistic outlook. We will also add a Factsheet onto this page shortly also. In its Dec. 2021 report, "The Global Wellness Economy . The event is being staged by the Tourism Linkages Network (TLN), a division of the Tourism Enhancement Fund (TEF). Driven by growth in Asia, the Middle East/North Africa, Sub-Saharan Africa and developing countries, wellness tourism is expected to grow 50 percent faster than the overall tourism industry over the next . Within the US $3.4 trillion spa and wellness economy, wellness tourism is estimated to total US$494 billion or 14.6 percent of all 2013 domestic and international tourism expenditures. Global wellness tourism market players are adopting various growth strategies in order to expand their market share worldwide which will also propel the global wellness tourism market till the end . The latest report Global Wellness Tourism Market Set for Rapid Growth, to reach Value USD 1,131.5 Billion by 2025 published by Zion Market Research provides the present and future growth prospects for the global Wellness Tourism market by a thorough understanding of the factors that are shaping the trends that are further driving the growth of the market in terms of region & segment, untapped . Founded in 2018, the WTA operates as a voice and global network for qualifying DMOs (destination marketing organizations . Over the past five years, Asia is the number one . With global medical tourism growing by an estimated 25 percent a year, patients willing to travel are spoiled for choice when choosing the best destination for hospital and health services. 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