Business & Finance

Historic Volume of New Research to Be Released at 2017 Global Wellness Summit

MIAMI, FL. September 13, 2017 – The Global Wellness Summit is known for unveiling important new research on the multi-sector wellness economy at each annual event. And at the upcoming conference, being held at The Breakers Palm Beach from Oct. 9-11, a record amount of original research in the conference’s 11-year history will be released:

*Landmark findings from the Global Wellness Institute’s report on the fast-growing wellness communities and lifestyle real estate market

*Think-tank, The Gottlieb Duttweiler Institute’s, forecast on what “Wellness 2030” will look like

*Neuroscientist Dr. Anjan Chatterjee’s (University of Pennsylvania) new studies on how beauty can meaningfully contribute to wellness

  • Well+Good’s survey on how millennials are disrupting the wellness travel market

“New research gives our delegates the hard data and insights they need to ‘see the future’ and forge business strategies that are expert- and evidence-based. And 2017 Summit attendees will have the first look at the most wide-ranging research releases in our history,” noted Susie Ellis, GWS chairman and CEO.

Snapshots of the research:

Wellness Communities & Lifestyle Real Estate – The Global Wellness Institute (GWI)

The GWI’s major research project for this year, and the first to comprehensively analyze the $119 billion wellness communities and lifestyle real estate market. The report will define these sectors; identify the demographic and consumer trends driving demand; present case studies, innovative practices and a pipeline of new projects from around the world; and develop a KPI framework to communicate the value to consumers, investors, developers, and policymakers.

“Wellness 2030” – The Gottlieb Duttweiler Institute (GDI)

GDI, Switzerland’s oldest and most influential think-tank on economics, society, and consumption, will release a research-based forecast, mapping the landscape of radically new consumer preferences and mindsets, and technologies and scientific knowledge, which will define “Wellness 2030.” Analyzing the coming explosion of “technologies of transformation,” they will identify the innovations coming in food and nutrition; travel, wellness travel and spas; beauty; work and workplace wellness; and the concept and spaces of our homes.

“Beauty2Wellness” – Dr. Anjan Chatterjee, University of Pennsylvania

Beauty animates our lives: we make aesthetic decisions constantly, but we know virtually nothing about beauty’s relationship to wellness. This two-part research project will be the first to address this. A first study, using natural language processing, hones in on concepts that can bridge the semantic space between beauty and wellness. A second study analyzes the depth of biases against people with facial disfigurement to help them overcome them and flourish. These studies will provide new evidence-based insights that can mitigate barriers – and build new bridges - between beauty and wellness.

Well+Good – How Millennials Are Transforming Travel

New survey findings from Well+Good’s community of 7 million millennials will provide insight into how younger generations are disrupting the wellness travel market. The research will include new data on the very different things millennials want in their wellness getaways compared with boomers: what they seek in fitness, food, and other lifestyle components – so that hospitality brands can take action.

The full, 3-day agenda for this year’s Summit is here.

For information about attending, click here.

About the Global Wellness Summit: The Global Wellness Summit (GWS) is an invitation-only international gathering that brings together leaders and visionaries to positively shape the future of the $3.7 trillion global wellness economy. Held in a different location each year, Summits have taken place in the U.S., Switzerland, Turkey, Bali, India, Morocco, Mexico and Austria. The next will be held at The Breakers Palm Beach, Florida from Oct. 9-11, 2017.

Coming Up In The December Online Hotel Business Review

Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.