Spa Opportunities 25th October 2019 Issue 331

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25 oCtober - 7 noVeMber 2019 IssUe 331

Wellness drives economic growth The Global Wellness Institute (GWI) has released a white paper – Opportunities and Impacts of the Wellness Economy for Regional Development – to guide policymakers, researchers and business people. Researched and written by GWI senior fellows, Ophelia Yeung and Katherine Johnston, the paper explores the wellness industry’s potential to fuel regional development and economic growth at all levels – locally, nationally and internationally – and the opportunities this would create. "The wellness economy's growth has been largely a private sector phenomenon

■■The white paper outlines the opportunities

and off the radar of most government

and impacts of the wellness economy

leaders, policymakers and economic "It has implications for health,

developers," explained Yeung. Johnston added: "It’s time governments

urban planning, environmental and

around the world started paying attention

cultural sustainability, workforce

to the sector. The wellness industry

equity and diversity, social and

enables economic development,

cultural affairs, and much more".

competitiveness and growth.

More: http:moRe //lei.sr/a2a9W_s Read online

It’s time governments around the world started paying attention to this crucial sector ophelia Yeung & Katherine Johnston

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