22-24 Apr 2024
Galgorm Resort,
York,
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23-25 Apr 2024
Phoenix Convention Center,
Phoenix,
United States
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28-30 Apr 2024
Radisson Blu Hotel,
Glasgow,
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08-08 May 2024
Hotel Melià ,
Milano ,
Italy
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10-12 May 2024
China Import & Export Fair Complex,
Guangzhou,
China
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13-16 May 2024
Conrad Chia Laguna Sardinia ,
Italy
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14 May 2024
JPMorgan Chase Headquarters,
New York City,
United States
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18-22 May 2024
The Ravenala Attitude Hotel,
Mauritius
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GWI highlights findings from first wellness community study |
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By Jane Kitchen 10 Oct 2017 |
GWI chair Susie Ellis cuts the ribbon on the new research, as sponsors help with hard hats and shovels
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Wellness communities are seeing high consumer demand, according to new research from the Global Wellness Institute due out in January. GWI researchers Ophelia Yeung and Katherine Johnston presented key findings from their report, Build Well to Live Well, at the Global Wellness Summit being held this week in Palm Beach, Florida. Johnston and Yeung called the report “the most important research we’ve undertaken”. “It’s not just because it’s a hot new industry market – but because it’s about where and how we live,” said Johnston. Johnston and Yeung reported that consumer demand for wellness lifestyle real estate and communities is on the rise globally. They estimate that in the US alone, there are 1.3 million potential buyers each year. Johnston said the GWI has defined wellness real estate as “homes or buildings proactively designed and built to support the holistic health of their residents” and that wellness communities are “focused on people living in close proximity who share common goals, interests and experiences in proactively pursuing wellness in a holistic, multidimensional way”. The GWI has tracked more than 600 projects across the globe that meet these definitions, many of which are still in development. Its research has shown that homes in these wellness communities are commanding higher price premiums of between 10 and 25 per cent. “Our homes and communities have had a massive, increasingly negative impact on our wellbeing, as they were designed following templates set up decades ago to meet the health and lifestyle needs of a radically different era,” said Johnston. “But now we’re at the beginning of a new movement in home and community design that tackles our uniquely modern problems: sedentary lives, unhealthy diets, stress, social isolation and loneliness, pollution, nature-deprivation etc – and it’s creating powerful opportunities.”
The GWI has valued the wellness lifestyle real estate and communities market at US$119bn – growing fast at nine per cent a year – and estimates that it will jump to US$153bn by 2020. “People spend $3.7 trillion on their wellness every year, but they spend $8 trillion on homes that often encourage unhealthy lifestyles,” said Yeung. “Then we spend another $7.6 trillion on health expenditures to fix those problems. The math doesn’t add up – $20 trillion not working in the same direction – to make us healthier.
"We predict that in the next several decades, building our homes and neighbourhoods for human wellness will become the default approach, not simply a trend.” The full 80-page report will be released in January 2018 at a press event in New York.
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News |
1 to 12 of 8697 news stories |
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18 Apr 2024
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion. According to the organisation's recent report – called The Global Wellness Economy: United States – the ... More
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19 Apr 2024
UK sauna enthusiasts will converge at Galgorm Resort in Northern Ireland next week for the highly anticipated second annual UK Aufguss Championships. Hosted from 22-24, the event will see competitors from across the UK showcasing ... More
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17 Apr 2024
Remedy Place, a US-based social wellness club brand, is poised for steady expansion in the coming years, with plans to open two new clubs annually moving forward Remedy Place is the brainchild of Dr Jonathan ... More
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16 Apr 2024
Swiss longevity brand Clinique La Prairie (CLP) has inked a deal with Montara Hospitality Group to operate a resort at Tri Vananda – a purpose-built wellness community in Phuket, Thailand. Tri Vananda, envisioned as a ... More
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15 Apr 2024
Six Senses has announced the grand opening of its first-ever property and spa in the Caribbean, called Six Senses La Sagesse. With a picturesque beachfront setting and surrounded by verdant hills, Six Senses La Sagesse ... More
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12 Apr 2024
A brand new desert hot springs oasis, called Zion Canyon Hot Springs, is set to open in Southern Utah in Q3 of 2025. Situated 30 minutes from the majestic Zion National Park, the US$60 million ... More
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11 Apr 2024
Recovery, social wellness and longevity were talking points at PerformX recently, tipped by many speakers as upcoming trends, while the exhibition halls featured infrared saunas, compression therapy and ice baths. The UK is currently lagging ... More
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11 Apr 2024
A new study by UCLA Health found Kundalini yoga provided several benefits to cognition and memory for older women at risk of developing Alzheimer’s disease. Benefits included restoring neural pathways, preventing brain matter decline and ... More
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10 Apr 2024
Luxury lakeside retreat The Ritz-Carlton-Reynolds, Lake Oconee in Georgia, US, is gearing up to unveil its new-look destination spa this May following a comprehensive makeover. Spanning 27,000sq ft, the newly renovated spa will feature entirely ... More
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09 Apr 2024
Europe’s first Evian Spa has opened at the five-star Hôtel Royal in Evian-les-Bains, France – the birthplace of the Danone-owned mineral water brand Evian. The spa has been realised following a comprehensive 12-month renovation of ... More
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08 Apr 2024
A boutique safari and wellness escape will open in Botswana’s wildlife-rich Okavango Delta this May, marking the latest venture from Ibiza's Atzaró Group. The Atzaró Okavango Camp will be a 12-suite property, situated by the ... More
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05 Apr 2024
Global publishing outfit, Leisure Media, has announced details of its new annual conference for decision-makers across the health, fitness and wellness markets. The event – the HCM Summit – will be held at the QEII ... More
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SALT Chamber |
SALT Chamber was started in 2012 by Founder and CEO Leo Tonkin and has become the leading authority
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