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.