ISPA Conference & Expo
ISPA Conference & Expo
ISPA Conference & Expo
 
EMPLOYERS: POST A JOB
Free ezines & magazines
Jobs News Video Training Products Magazines Spa Business spa-kit Handbook What's on Advertise Subscribe
Catalogue gallery
More catalogues
Diary dates
Powered by leisurediary.com
23-25 Apr 2024
Phoenix Convention Center, Phoenix, United States
28-30 Apr 2024
Radisson Blu Hotel, Glasgow,
08-08 May 2024
Hotel Melià , Milano , Italy
10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
13-16 May 2024
Conrad Chia Laguna Sardinia , Italy
14 May 2024
JPMorgan Chase Headquarters, New York City, United States
18-22 May 2024
The Ravenala Attitude Hotel, Mauritius
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
GWI highlights findings from first wellness community study
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
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.



News
1 to 12 of 8704 news stories
25 Apr 2024
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property in Dubai this February. Designed to offer guests a holistic ... More
24 Apr 2024
The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in 2023, surpassing the previous high of US$20.1 billion in 2022. This data stems from ... More
24 Apr 2024
Short-term incentives to exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity, according to new research. Researchers found that even a simple daily reminder encouraged people to move ... More
24 Apr 2024
Spa and wellness veteran Shannon Malave has been named spa director at iconic US spa destination Mohonk Mountain House. Based in New York’s verdant Hudson Valley and founded in 1869, Mohonk is a historic Victorian ... More
23 Apr 2024
Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. Situated in the historic Higashiyama district, the 81-key hotel is ... More
23 Apr 2024
The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in natural daylight on the hotel’s 29th floor, Dior Spa The Lana ... More
22 Apr 2024
The Sacred River Spa at Four Seasons Resort Bali at Sayan will reopen later this year with an all-new design plus enhanced treatments and experiences inspired by its river valley home. Nestled amid rich tropical ... More
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
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
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
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
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
     
International SPA Association - iSPA
Oakworks Inc
Company Profile
Seed To Skin
Founded by Jeanette Thottrup in 2018, in Tuscany, Seed to Skin is an award winning skincare line. [more]
 
MORE PROFILES
Featured Supplier
Discover Comfort Zone’s Stand For Regeneration campaign
Comfort Zone's latest initiative, the Stand for Regeneration campaign, consolidates its position as a pioneer in the cosmetics business. ... more
We Work Well Events
Product news
Elemis’ first standalone store to open in London’s Covent Garden
Elemis’ first standalone store to open in London’s Covent Garden
Myndstream teases new breathwork series in collaboration with Grammy Award winner Peter Kater
Myndstream teases new breathwork series in collaboration with Grammy Award winner Peter Kater
Full Balance reveals all-natural reflexology board
Full Balance reveals all-natural reflexology board
Scottish spa industry to gather at first-ever Spa Life Scotland event
Scottish spa industry to gather at first-ever Spa Life Scotland event
We Work Well organises annual pre-ISPA charity hike in Scottsdale
We Work Well organises annual pre-ISPA charity hike in Scottsdale
MyEquilibria combines art and outdoor exercise
MyEquilibria combines art and outdoor exercise
Directory

 
JOBS
NEWS
VIDEO
TRAINING
PRODUCTS
MAGAZINE
 
SPA BUSINESS
SPA-KIT.NET
SPA BUSINESS HANDBOOK
SUBSCRIBE
ADVERTISE
FREE DIGITAL SUBSCRIPTIONS
CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024



ISPA Conference & Expo
ISPA Conference & Expo
ISPA Conference & Expo
ISPA Conference & Expo
Jobs    News   Products   Magazine
NEWS
GWI highlights findings from first wellness community study
POSTED 10 Oct 2017 . BY Jane Kitchen
GWI chair Susie Ellis cuts the ribbon on the new research, as sponsors help with hard hats and shovels
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.

Wellness developments, such as GOCO Hospitality's forthcoming mixed-use community in Khao Yai, Thailand, are becoming more valuable
RELATED STORIES
FEATURE: Wellness Communities: Living Well


Jane Kitchen looks at the growing business of wellness communities research round-up
FEATURE: Research: Wellness Communities


a ‘major market opportunity’
Wellness communities offer ‘huge opportunity’ for spas, says panel


Mia Kyricos, founder of strategic advisory firm Kyricos & Associates, told an audience at the World Spa & Wellness Convention in London that wellness communities grew by 19 per cent from 2013 to 2015, and are worth an estimated US$29bn in Europe and US$48bn in North America.
MORE NEWS
Kerzner to expand Siro portfolio with recovery-focused hotels in Los Cabos and Riyadh
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property in Dubai this February.
US spa industry hits record-breaking US$21.3 billion in revenue in 2023
The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in 2023, surpassing the previous high of US$20.1 billion in 2022.
Immediate rewards can motivate people to exercise, finds new research
Short-term incentives for exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity according to new research.
Shannon Malave appointed spa director at Mohonk Mountain House
Spa and wellness veteran Shannon Malave has been named spa director at iconic US spa destination Mohonk Mountain House.
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture
Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection.
US named world’s largest wellness economy, reaching US$1.8 trillion valuation
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion.
+ More news   
 
COMPANY PROFILES
Matrix Fitness

Matrix Fitness, one of the world’s leading commercial fitness brands, is a division of Johnson Hea [more...]
+ More profiles  
DIRECTORY
+ More directory  
DIARY

 

23-25 Apr 2024

ISPA Conference 2024

Phoenix Convention Center, Phoenix, United States
28-30 Apr 2024

Spa Life Scotland

Radisson Blu Hotel, Glasgow,
+ More diary  
 


CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS