• Loading stock data...
Tuesday, January 21, 2025

Wellness Tourism Projected to Reach $817B in 2022

  • The Global Wellness Institute released new data regarding the wellness tourism market.
  • Data suggests the market will reach $817 billion by the end of 2022.
Wellness-Tourism
Design: Alex Brooks

The Global Wellness Institute released new data that suggests the wellness tourism market will hit $817 billion in value by the end of 2022.

Known as travel associated with the pursuit of maintaining or enhancing one’s personal well-being, with a growing number of travelers specifically seeking out emerging fitness- and sports-related offerings.

The market reached a record $720 billion in 2019 but took a drastic hit in 2020, falling to $436 billion due to the pandemic.

GWI’s data shows that secondary wellness tourists — travelers who seek wellness experiences while on a trip for leisure or business — made up 92% of wellness travel in 2020.

The top five destination markets for wellness tourism expenditures in 2020:

  1. United States: $162.1 billion
  2. Germany: $59 billion
  3. France: $21.3 billion
  4. China: $19.5 billion
  5. Japan: $19.1 billion

Big Spending

The market is estimated to reach $1.3 trillion by 2025 — the fastest growth rate of any wellness market through that year. The projected spike is the result of wellness travelers spending more per trip than the average tourist.

In 2020, international wellness travelers spent an average of $1,601 per trip, 35% more than typical international tourists. Domestic wellness travelers spent roughly $619 per trip in 2020; a 177% spike compared to the average domestic tourist.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sponsored

How Sportradar and the NBA Are Shaping the Future of Immersive Fan..

By transforming raw data into tailored, interactive content, Sportradar helps turn the NBA’s enormous fanbase into active participants.
Nov 24, 2024; Los Angeles, California, USA; South Carolina Gamecocks center Sakima Walker (35) and UCLA Bruins forward Angela Dugalic (32) jockey for rebounding position during the fourth quarter at Pauley Pavilion presented by Wescom. Mandatory

Players Era NIL Tourney to Add Women’s Basketball in 2025

Get ready for a South Carolina–UCLA rematch.
Sep 21, 2024; Columbus, Ohio, USA; Marshall Thundering Herd running back Ethan Payne (28) dives in for the touchdown during the first quarter against the Ohio State Buckeyes at Ohio Stadium. Mandatory

Portal-Depleted Marshall Bows Out of Independence Bowl

Louisiana Tech (5–7) will take Marshall’s place.
Sponsored

Racing Forward: How SailGP is Redefining High-Performance Sailing and Championing Gender Equality

The most exciting racing on water is making waves by rewriting the narrative of what’s possible for women in high-performance sports.

Featured Today

Unrivaled’s Impeccable Timing Pressures WNBA to Give Players More

The league could “blow the lid off” the business of women’s sports.
Notre Dame Fighting Irish quarterback Riley Leonard and running back Jeremiah Love celebrate a touchdown during the first half of a game against the Indiana Hoosiers in the first round of the College Football Playoff.
January 17, 2025

Notre Dame Found a Title-Worthy NIL Formula. Now It Has to Pivot

Its title run was buoyed by a collective that no longer exists.
Jan 17, 2025; Miami, FL, USA; Dearica Hamby (5) of the Vinyl reaches for the ball as Azura Stevens (23) of the Rose follows on the play during the second half of the Unrivaled women’s professional 3v3 basketball league at Wayfair Arena.
January 17, 2025

Inside Unrivaled’s Explosive Opening Night

The 3-on-3 league went big for its season opener in Miami.
Baseball for All founder Justine Siegal walks in front of the over 400 young players participating in her league during the opening ceremony for an organization focused on giving girls an opportunity to play baseball, at Hohokam Stadium in Mesa, Ariz. on Wednesday, July 20, 2022. Baseball For All 15 Mar 30, 2023; Miami, Florida, USA; Miami Marlins general manager Kim Ng walks on the field prior to the game against the New York Mets at loanDepot Park.
January 17, 2025

Can a Professional Women’s Baseball League Launch in Softball’s Shadow?

The biggest hurdle to the WPBL’s success may be its closest kindred.
Peloton Bike

Peloton Earnings Beat Expectations As It Still Loses Subscribers

Peloton tapped Peter Stern, former Ford executive and cofounder of Apple Fitness+, to be its new CEO.
A view of a Nike retail store in New York City.
August 15, 2024

Nike Shares Surge As Bill Ackman Invests, Igniting Turnaround Hopes

The billionaire hedge-fund executive holds significant influence in the market.
September 4, 2024

Under Armour Sells MapMyFitness Back to Founders 11 Years Later

The founders sold the tracking app to the apparel giant in 2013.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 13, 2024

Federer’s On Brand Continues Surge, Challenging Sportswear Giants

Earnings weren’t all positive for On, causing a dip in its premarket stock price.
Peloton
May 2, 2024

Peloton Timeline: CEO Changes, Layoffs, Recalls, and Falling Stocks

The company has fallen from grace after roaring success in 2020.
October 18, 2023

Peloton To Bring Live Sports To Its Fitness Devices

NBA League Pass will be available to watch on Peloton devices.
August 10, 2023

Alternative Golf Venues Thriving ‘Off-Course’ By Attracting Younger Players

In 2022, 15.5 million people participated in off-course golf activities.