Understanding Wellness: Opportunities and Impact of the Wellness Economy for Regional Development

The GWI launched a new white paper series: “Understanding Wellness.” The research papers are designed to become the go-to primer for policymakers, business people and researchers to understand—in clear and simple terms and backed by expert insight and rich data—the major force that wellness has become around the world and how it will evolve in the future.

This second paper, “Opportunities and Impacts of the Wellness Economy for Regional Development,” outlines the ways a growing wellness industry can facilitate development and growth in countries, regions and communities around the world.

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How current wellness trends are changing the way we travel, work and live

Since 2007, the annual Global Wellness Summit has been bringing together the key trendsetters, decision makers and thought leaders of the US$4.2 trillion wellness industry. If you’re a business owner looking to find an edge in the industry, the GWS is the place to be.

Held on 15–17 October this year at the Grand Hyatt Singapore, the Global Wellness Summit invited experts to speak and learn about the timeliest issues in health and wellness. Themed under ‘shaping the business of wellness,’ the comprehensive agenda spanned keynotes and panel discussions (as well as yoga breakfasts and spa breaks) all centring around the growing trends in spas, travel, medical health, technology, design and wellness at the workplace, offering invaluable insights for companies looking to focus their wellness lens.

Highlight topics this year included the role of stress, anti-cancer strategies, the growing popularity of CBD oil, beauty trends worldwide, and even the notion of dying well — finding the best way to make a graceful exit from the world after a life well lived.

So, what’s new in the world of wellness? We spoke to Mia Kyricos, Hyatt Hotels Corporation’s senior vice president, Global Head of Wellbeing, who was on a panel to discuss what it means to have a ‘well hotel’. As we learned, wellness trends from the hospitality industry are affecting businesses and in turn, the way we live, travel and work.

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World Spa Awards prepares for Dubai arrival

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Leading figures from the global spa and wellness industry are heading to Armani Hotel Dubai for the World Spa Awards 2019 – the global initiative to recognise, reward and celebrate excellence in the spa and wellness sector.

The red-carpet ceremony will take place at the landmark lifestyle hotel on Monday, October 21st.

Launched in 2015, World Spa Awards aims to drive up standards in spa and wellness tourism and foster growth by rewarding the leading organisations in their respective fields.

The elite gathering will be hosted by the broadcaster and news anchor Katie Fielder, while the renowned Dutch jazz pianist Joja Wendt will headline the entertainment.

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Women in Wellness: “Why you should rise with the sun.”

Rise with the sun. The beginning of your day sets the tone for the rest of your day and waking up with a touch of wonder will present a day of wonderful. Be inquisitive about your morning, your surroundings and your opportunities to thrive. I have my phone set on a sleeper timer so I cannot open any apps until 30 minutes after I have woken up. This allows me to be truly present with my goals and intentions for the day.

Sienna Creasy, an early trailblazer in understanding the benefits of infusing travel and fitness, Reggaelates founder and Spa Director at Hilton Rose Hall Resort & Spa, found her purpose serving in the Peace Corps almost 15 years ago and has since turned her passion into reality throughout her career path. Incorporating what she has learned from her Peace Corp travels, Creasy has introduced experiential wellness to the Jamaican tourism industry, serving as the driving force behind the conceptualization of the Caribbean’s first and only Himalayan Salt Therapy Lounge and Jamaica’s first Quartz Therapy Ritual Room during her previous role as Group Wellness Director at Jewel Grande Montego Bay Resort & Spa. In addition to spearheading Hilton Rose Hall’s Radiant Spa, Creasy hosts regularly scheduled yoga, Pilates and Reggaelates — a combination of yoga and Pilates with Dancehall beats — classes at the Jamaican resort.

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How to Practice Happiness

When life sends us turbulence, we tend to search for happiness, but Neil Pasricha believes what we should be doing is practicing happiness. As a best-selling author, public speaker and the founder of the Institute of Global Happiness, Pasricha tries to guide corporations and their people toward happiness. His TED Talk has been ranked as one of the most inspiring of all time, and he has addressed hundreds of thousands of people, including Fortune 100 companies, Ivy League schools and royal families in the Middle East.

This January, Pasricha will coach salon owners and stylists as a keynote speaker at Serious Business, but first he gives SALON TODAY a little preview:

SALON TODAY: What inspired your award-winning blog, “1000 Awesome Things?”

Pasricha: “I went through the worst year of my life unfortunately. My wife left me—she knew the marriage wasn’t healthy but I couldn’t see it at the time. To add to that, my best friend committed suicide. In midst of this horrible year, I started the blog as a way to cheer myself, a form of online therapy. I’d come home from a terrible day and write a blog about the smell of bakery air, or wearing warm underwear fresh from the dryer or thinking it’s Thursday when it’s really Friday. Slowly over time, writing the blog really did change my mood.”

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11 Of The World’s Best Spas

Chenot Gabal, Azerbaijan

Extreme detoxing is the name of the game at this massive ultra-luxury medical spa facility. Expect delicate meals capped at 850 calories a day, multiple massages, walks around the lake and anti-gravity treadmills.

Cheval Blanc Randheli, Maldives

Three different wellness packages are offered at this refined Maldives resort, each which include a mix of activities (like diving or cooking) alongside fitness. The spa sits on its own private island.

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Wellness Movement to Transform Hotels

The concept of wellness in hospitality is quickly evolving to encompass so much more than the average fitness center or traditional spa, and within the next decade, the new definition of wellness will become a central factor in the hotel sector, according to The Future of Wellness in Hospitality, a new report by Avison Young.

The presence of the wellness factor in the hospitality industry is a trend that is on the rise. In the report, Avison Young points to statistics from the World Travel and Tourism Council, which notes that wellness tourism is the fastest growing segment of global tourism, accounting for more than 10 percent of the world’s GDP and 10 percent of jobs. Hotels and resorts are recording the strongest growth as a result of the rise in wellness tourism, outpacing, day spas and salons, health resorts, medical facilities and thermal/mineral springs.

In the hotel industry, the wellness movement first became prevalent with the revitalization of the spa sector, but with demand on the rise, more hotel owners are accommodating guests with enhancements on the asset-light/soft wellness side and/or the asset-heavy/hard wellness side. Soft wellness or experiential elements include health and relaxation experiences such as yoga classes and running groups; environmental considerations, such as air quality and natural light; and self-care offerings ranging from apps for mental health or relaxation to yoga maps with online tutorials. Adoptees of the soft wellness or asset-light approach include the Even Hotels by IHG brand, which provides in-room fitness equipment and health food restaurants, as well as Locke by SACO, which makes free yoga classes available to guests.

The asset-heavy/hard wellness side in the hospitality arena entails such offerings as treatment rooms, beauty clinics, state-of-the-art gyms and cutting-edge spa facilities with amenities such as hydrotherapy pools, experience showers and hammam. Hotel brands that have embraced the asset-heavy option include Six Senses, which debuted in the U.S. with the opening of a 137-key Manhattan hotel in 2016, Aman and Banyan Tree. The newly launched Signia brand touts a list of wellness alternatives that includes infinity pools.

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Comparing Neurotoxin Injections: A Guide To Botox, Dysport, Jeuveau, and Xeomin

Wrinkle-smoothing botulinum toxin type A injections are the most common non-invasive aesthetic procedure in the U.S. And, while they are colloquially called “Botox,” there are actually four different BoNT-A injectables FDA-approved for cosmetic use.

Just as brands like Band-Aid have become synonymous with adhesive bandages, Kleenex with tissues, and Wite-Out with correction fluid, “Botox” has been the colloquial term for botulinum toxin type A (BoNT-A) injections since it was approved by the U.S. Food and Drug Administration (FDA) for the temporary improvement of moderate to severe glabellar lines (i.e. the frown lines between the eyebrows) in April 2002.

But Allergan’s wrinkle smoother isn’t the only BoNT-A injection in town. There is a quartet of cosmetic neurotoxins on the market — Botox®, Dysport®, Jeuveau®, and Xeomin® — that each contain the same active ingredient (BoNT-A) and is FDA approved to treat the same aesthetic concerns.

So, how do you differentiate between the four? The AEDITION is here to help.

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Physical Activity Is an $828 Billion Market – To Reach $1.1 Trillion+ by 2023

Global Wellness Institute releases first-ever research report on the six-sector global physical activity economy, including the fitness, sports & active recreation, mindful movement, equipment, apparel/footwear and technology markets. New data pushes wellness to a $4.5 trillion industry.

Singapore – October 15, 2019 – The Global Wellness Institute™ (GWI), a nonprofit research and educational resource for the world wellness industry, today released its major research report for 2019: “Move To Be Well: The Global Economy of Physical Activity.” In 2018, the GWI found that the fitness/mind-body market was worth $595 billion, and this new research broadens the scope of that segment to the “physical activity economy,” which is now valued at $828.2 billion globally, and includes the sports and active recreation, fitness, and mindful movement core segments—along with the supporting markets of equipment and supplies, apparel and footwear, and technology.

With this new data, wellness jumps to a $4.5 trillion global market.

ACCESS THE FULL REPORT HERE

Herbal Beauty Industry In India

The beauty and wellness industry in India is booming, with a tremendous potential for growth. In fact, it is said to be growing twice as fast as markets of the United States and Europe. India is also the second largest consumer market in the world. No wonder foreign companies have been targeting the Indian beauty market! 

According to a KPMG report, the size of India’s beauty and wellness market was around Rs.80,370 crores at the beginning of 2019. This includes the beauty products, beauty salon and spa businesses. The compounded annual growth rate of the Beauty & Wellness business in India has been around 18%. Currently, the beauty business in India is not only booming, but is expected to treble in the next five years. A prominent feature is that it is herbal beauty care that has driven the growth of the beauty business in India. The “back to nature” and “total well being” trends sweeping the world have increased the demand for holistic systems, like herbal and Ayurvedic beauty care, not only in India, but worldwide.

Going organic and eco-friendly are the trends that will mark the coming years, as far as the beauty business is concerned. We have been seeing herbal beauty products ruling the trends and now the products are going organic. There is a definite shift towards “natural” products that are free from parabens, sulfates, mineral oil and synthetic colours. Greater awareness of the link between good health and beauty is influencing the demand for organic and natural products. That is why wellness is becoming a part of the beauty business, with spa treatments being included in salons. According to Franchise India, “The organic products market in India has been growing at a CAGR of 25 per cent and it is expected to reach ₹10,000-₹12,000 Crore by 2020.” 

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