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  • Europe Ranks No. 1 for Wellness Tourism Trips: Generates 203 Million Annually

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    Global Wellness Tourism Congress research finds Europe drives 40% of all wellness-focused trips taken worldwide each year; market to grow 7.3% annually through 2017 – with Russia and Turkey the top gainers


    New York, NY (PRWEB) March 05, 2014

    The Global Wellness Tourism Congress (GWTC) today released new findings at ITB Berlin on the European wellness tourism market – from its Global Wellness Tourism Economy report, the first research to size and analyze this fast-growing travel category.

    The research, undertaken by SRI International for the GWTC, reveals that Europe is a wellness travel powerhouse: ranking No.1 globally for annual trips taken (203 million) and No.2 for expenditures ($ 158.4 billion USD or 115.3 billion). If wellness tourism is defined as all travel associated with enhancing ones personal well-being, Europeans drive nearly 2 in 5 of all trips taken – and euros spent – in this category every year. Six of the top ten nations for wellness tourism expenditures are in Europe, ranking in order as: Germany, France, Austria, UK, Italy and Switzerland. And this well-established European travel market will see a 7.3% annual growth rate through 2017, with developing nations like Russia, Turkey and Poland clocking the fastest growth.

    For the full market breakdown for 24 European nations (trips and expenditures, international vs. domestic travel, and wider economic impact), click here: http://www.globalspaandwellnesssummit.org/index.php/wellness-tourism-congress/wellness-tourism-statistics

    Susie Ellis, Chairman & CEO of the GWTC presented the findings today at the ITB Berlin Experts Forum on Wellness, and noted: Europeans are the most sophisticated, experienced wellness- and prevention-focused focused travelers on the planet. They not only take frequent trips within their own countries and across Europe, theyre also pegged as the largest source market for international wellness travel. And with so many European tourism boards from Austria to Slovenia now smartly promoting their unique offerings, the region will only continue to attract more health-minded travelers from all over the world.

    KEY FINDINGS

    No. 1 in Trips: Europe leads the world in the number of wellness tourism trips taken annually (domestic and international combined). If 524 million such trips are taken worldwide each year, Europe represents 39% of the total, or 202.7 million.

    No. 2 for Expenditures: The global wellness tourism market is worth $ 439 billion, and Europe drives 36% of all expenditures ($ 158.4 billion USD or 115.3 billion), ranking right behind North America, which grabs 41% of the market.

    6 of the top 10 – and 11 of the top 20 – nations for wellness tourism expenditures are in Europe:

    Expenditures (in billions) & Global Rank for Expenditures:

    Germany – $ 42.2/30.8 – No.2

    France – $ 24.1/17.6 – No.4

    Austria – $ 14/10.2 – No.5

    UK – $ 12.3/8.9 – No.7

    Italy – $ 11.7/8.5 – No.8

    Switzerland – $ 11.4/8.3 – No.9

    Spain – $ 7.6/5.5 – No.12

    Russia – $ 3.8/2.8 – No.17

    Portugal – $ 3.4/2.5 – No.18

    Greece – $ 3.3/2.4 – No.19

    Turkey – $ 3.2/2.3 – No. 20

    Annual Trips (domestic + international, in millions)

    Germany – 49.2

    France – 27.3

    UK – 17.8

    Austria – 11.3

    Switzerland – 10.1

    Spain – 9.9

    Russia – 9.9

    Italy – 8

    Turkey – 6.6

    Greece – 4.5

    Portugal – 3.4

    Germany = Regional Leader

    The Big Three, Germany, France and Austria, currently account for over $ 80 billion USD/58 billion in wellness tourism spend yearly – or nearly 1 in 5 dollars spent in this global travel segment. And Germany ranks No. 1 by strong margins for both trips and expenditures in Europe: with 49.3 million trips and $ 42.2 billion USD (30.72 billion) in receipts annually trailing only the U.S. for both trips and spend. In fact, the country drives nearly 1 in 10 wellness tourism dollars spent globally. And, interestingly, Germany ranks No. 1 among all nations for outbound/international wellness travel (19.4 million trips: more than twice as many as the far more populous No. 2 country, the United States, with its notoriously passport-averse population.

    Domestic Trips Dominate But Less So Than Globally

    Worldwide, domestic wellness tourism is much larger than its international equivalent, accounting for 84% of trips. In Europe, domestic trips are slightly less dominant, at 77%, due to the ease of border-hopping across the continent.

    That may be why, after the U.S., 4 of the top 5 nations worldwide for international wellness tourism arrivals are in Europe: No. 2 France drives 6.9 million inbound trips; No. 3 Austria, 5.7 million; No. 4 Germany, 5.6 million; and No. 5 Switzerland, 5.1 million. And five European nations actually generate more international arrivals than domestic trips: Austria, Switzerland, Ireland, Croatia and Iceland.

    But Europe is, of course, also a global domestic wellness tourism leader: 7 of the top 10 and 13 of the top 20 nations for domestic expenditures are in Europe. Germany and the United Kingdom are the standouts: the former ranks No. 1 in the world for domestic wellness tourism expenditures ($ 19.4 billion, or 14.1 billion), while the latter ranks No. 3 globally with $ 6 billion (4.4 billion).

    $ 225 Billion Market by 2017 – Developing Nations Like Russia, Turkey & Poland Growth Leaders

    Europe will see a strong 7.3% annual wellness tourism spend growth from 2012-2017, with the market growing from $ 158 billion (115.3 billion) to $ 225 billion (164 billion). Europes growth rate is slightly lower than the global average of 9.9%, because its already such a large, mature market. And it will be developing nations like Russia, Turkey and Poland that will see the biggest annual, double-digit increases. But note that current regional leader, Germany, will still add the most trips through 2017 (12.7 million). The top ten fastest-growing European nations, identified by SRI International based on a combination of annual growth rate and total trips added (listed below), also rank in the top 20 globally for total wellness tourism trips added through 2017.

    Top 10 Fastest-Growing European Wellness Tourism Markets: Annual Growth Rate & Trips Added from 2012-2017

    Russia 13.1% – 8.5 mil.

    Turkey 12.6% – 5.4 mil.

    Poland 12.4% – 4.1 mil.

    Switzerland 8.9% – 5.4 mil.

    Hungary 8.9% – 2.4 mil.

    Czech Republic 8.9% – 2.1 mil.

    Austria 6.9% – 4.5 mil.

    Spain 6.2% – 3.5 mil.

    France 5.5% – 8.3 mil.

    Germany 4.7% – 12.7 mil.

    European Economy & Job Driver: Wellness tourism is responsible for 2.4 million DIRECT jobs across Europe. And because of the widely acknowledged multiplier effect that individual industries have on overall economies, this travel segment actually has an estimated impact of $ 451.7 billion (328.4 billion) on the wider European economy.

    This European breakout is the first of 5 global GWTC reports. Data on the Asian, North American, Latin American and the Middle Eastern/African wellness tourism markets will be released in coming months.


    Partner Contribution from Database on the topic of PinNaCLe sPorTs :
    PinNaCLe sPorTs

    With more people embracing wellness-focused travel around the world, you could almost say that global tourists are waking up and turning European, noted Ellis. Because Europe has known the very best and the very longest the true value of healthy travel experiences that restore and rejuvenate.

    For more information on the Global Wellness Tourism Economy report, contact Beth McGroarty: beth@rbicom.com or (+1) 213-300-0107. The full report retails for $ 895, but qualified members of the media may request a copy.

    About the Global Wellness Tourism Congress: The Global Wellness Tourism Congress (GWTC) brings together public and private stakeholders to chart the course of the rapidly growing wellness tourism sector. Attendees include government ministers of tourism, health and economic development; CEOs of private companies; leaders and visionaries in related arenas such as medical tourism; and other industry VIPs who present data, engage in open dialogue and map the future of wellness tourism. The next Congress will be held on September 10, 2014 at the Four Seasons Resort in Marrakech, Morocco.






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