Spa Business_handbook 2019-2020

Page 88

Industry insights: Asia

Asia The future of global wellness tourism Asia-Pacific is the fastest-growing market for wellness tourism. Catherine Feliciano-Chon highlights the consumer segments that are driving this unprecedented growth

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spa business HANDBOOK 2019 – 2020

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he stats are overwhelming: According to a World Tourism Organization (UNWTO) report, outbound Asia-Pacific travellers now represent 37 per cent of the world’s total, with international travel spending doubling in the last decade (APAC). Add China to these figures: outbound trips have grown 20-fold since 2000, the Chinese are the world’s biggest travel spenders (US$258bn annually, well ahead of the US at US$135bn), Chinese travellers will represent 30 per cent of the entire international travel market by 2030, and China has been pegged to become the world’s No.1 travel destination by 2030. Asia-Pacific is also the fastest-growing wellness tourism market: Wellness trips jumped 33 per cent in the last two years (China, India, Malaysia, the Philippines, Vietnam and Indonesia all clocked 20+ www.spahandbook.com