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Hospitals and hotels grab onto panacea

Hospitals and hotels grab onto panacea Wellness services may be the cure to the pandemic-induced economic swoon published : 14 Dec 2020 at 04:30 10 Tobacco plants from an Australian strain are being used by a Thai firm as part of a process to produce a Covid-19 vaccine. Opportunity is presenting itself in a time of crisis for hoteliers and hospital owners, with the term wellness an important connecting piece within a collapsed jigsaw. Local hospital operators and real estate developers are gradually expanding their footprints to capture a lucrative opportunity, tapping into the wellness fad. According to the Global Wellness Institute, the global wellness economy is worth US$4.5 trillion. Wellness tourism accounts for $639 billion, with Asia emerging as the top gainer in wellness tourism trips and revenue.

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