Economic impact of global wellness tourism is US$1.3 trillion pa
Delegates at the inaugural Wellness Tourism Congress in New Delhi today heard that the economic impact of the global wellness tourism market is US$1.3 trillion a year.
Research by SRI International – unveiled today – found the current value of the market is US$493bn pa. This is forecast to grow to $US678bn pa by 2018.
The research, commissioned by the Global Spa and Wellness Summit (GSWS), which takes place tomorrow and Monday in New Delhi (6-7 October), found that 12 million people are directly employed in wellness tourism worldwide.
SRI also examined wellness tourism as a proportion of overall tourism spend and found it currently represents 14 per cent of the market – equivalent to eco-tourism. This proportion is forecast to grow to 16 per cent by 2018.
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