Resorts

Wellness real estate (+22.1%) has maintained the highest growth rate in the wellness economy, both before and during the pandemic. COVID-19 has accelerated the growing understanding among consumers and the building industry about the critical role that external environments play in our physical and mental health and well-being. The global Wellness Tourism market size was valued at US$ 683.5 billion in 2020 and is anticipated to grow at a Compound annual growth rate of 7.10% during the forecast period 2021 to 2028. (The Global Wellness Economy: Dec 2021: Wellness Real Estate).

As the world’s older population continues to grow at an unprecedented rate the demand for wellness resort services grows as well.