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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23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais),
Wiesbaden,
Germany
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30-30 May 2024
Four Seasons Hotel George V,
Paris,
France
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30 May - 02 Jun 2024
Rimini Exhibition Center,
Rimini,
Italy
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06-07 Jun 2024
Sataman Viilu ,
Jyväskylä,
Finland
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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 8714 news stories |
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10 May 2024
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa. The vision behind the refresh was to create a ... More
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09 May 2024
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality. The location features 357 art-inspired guest bedrooms and suites all with ... More
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08 May 2024
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear. A California-based group of engineers and designers, Saga Holographic, have been working on ... More
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08 May 2024
Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much-talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat. Janu Tokyo is only the ... More
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07 May 2024
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health as part of an Optimize by Equinox membership. Priced at US$40,000 a ... More
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07 May 2024
Spanish wellness brand SHA Wellness Clinic is busy preparing to bolster its wellness portfolio in 2026 with a hyper-exclusive island wellness enclave in AlJurf, UAE. SHA Emirates Island at AlJurf – created by Abu Dhabi-based ... More
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03 May 2024
The historic Breakers Hotel in Long Beach, California, is set to reopen in mid-2024 as a Fairmont Hotels & Resorts property after a significant restoration and redevelopment project. The project, initially unveiled in 2022 by ... More
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03 May 2024
High-end five-star hotel company Kempinski Hotels is making its mark in Vietnam with a luxury waterfront property overlooking the Saigon River. Set to open by 2026, Kempinski Saigon River – designed by Kengo Kuma & ... More
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01 May 2024
Marriott International has signed a new deal with Neom to open a Ritz-Carlton Reserve property as part of Trojena, a brand new year-round mountain adventure destination in Saudi Arabia. Launching in 2026, Trojena is a ... More
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27 Apr 2024
The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results. Owned by former BBC Dragon’s Den investor, ... More
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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
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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
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Phytomer |
Phytomer remains an independent
family business led by the founder’s son, Antoine
Gédouin. We
[more] |
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