The World Travel Market portfolio of events and the Global Wellness Institute have agreed upon a strategic partnership, which will start at Arabian Travel Market (24-27 April) in Dubai.
The agreement will kick off with the Global Wellness Institute (GWI) – the leading global research and educational resource for the wellness industry – organising a Wellness Symposium at Arabian Travel Market on the afternoon of Tuesday 25th April.
The Symposium will put the spotlight on the growing wellness travel industry in the Middle East/North Africa, which is now worth $8.3 billion with 8.5 million trips (inbound and domestic combined) taking place in 2015. The United Arab Emirates is by far the largest Middle Eastern wellness tourism market with 1.7 million trips worth $2.7 billion annually. It will also analyse MENA’s thriving domestic (4 million trips) and inbound (4.5 million trips) wellness tourism markets – as well as trends in outbound wellness tourism from the Middle East.
In 2016, ATM launched a dedicated Wellness and Spa Lounge, connecting Middle East wellness and spa buyers with international suppliers. The Lounge helped ATM 2016 generate more than $2.5 billion in deals for the region’s travel and tourism industry.
The partnership will continue at World Travel Market London with a focus on the global wellness industry, which has grown to $3.72 trillion. And wellness tourism is one of its fastest-growing sectors, with 691 billion wellness trips worth $563.2 billion taking place in 2015 – a global travel market expected to grow 7.5% each year (to reach $808 billion) by 2020.
WTM London will also host a Wellness Lounge facilitating deals in the wellness travel and tourism sector. WTM London is responsible for £2.8 billion in agreed industry deals every year.
World Travel Market London and Arabian Travel Market, Senior Director, Simon Press, said: “I am delighted to be able to announce a strategic partnership with the Global Wellness Institute. The wellness tourism sector is one of the fastest growing and most important in the travel industry and the symposiums at both Arabian Travel Market and World Travel Market London will give delegates the vital information they need to take advantage of the popularity of wellness tourism and grow their businesses.”