wellness hotels
2024 Wellness Real Estate Report by RLA Global in Collaboration With HotStats
June 17, 2024
Wellness Hotels Surge in Global Market, Upper Upscale Properties Lead Hotels with wellness amenities experienced notable revenue growth in 2023, with upper-upscale properties emerging as top performers, according to the latest Wellness Real Estate Report by RLA Global, published in collaboration with P & L benchmarking firm HotStats. Among the key findings were: Revenue Performance: Luxury hotels with comprehensive wellness offerings reported the highest Total Revenue Per Available Room (TRevPAR), achieving three times the TRevPAR of upper upscale hotels in 2023. However, upper upscale properties led in terms of both Average D...
How Wellness Became Big Business in America
JLL Real Views | October 26, 2018
During a '60 Minutes' segment on health in 1979, anchor Dan Rather said, "'Wellness': there's a word you don't hear every day." Four decades later, the word is ingrained into the paces of modern life, from a spirulina-infused smoothie in the morning, to an evening sound-healing session at the office, offered as part of a corporate wellness program. "Wellness went from a niche concern – something 'granola' – to something that is mainstream," says Carl Muhlstein, who leads a landlord agency leasing team at JLL. With mass appeal comes mass profit. The wellness industry is now valued at US$4.2 trillion, having grown 12.8 perce...
What’s So Great About Wellness Hotels?
Tucker Johnson | August 28, 2018
By Tucker Johnson When the first wellness-inspired 'EVEN Hotel' by IHG opened in 2014 I remember thinking, "It's not for me but there must be a bunch of people that are looking for something like this." In retrospect, I guess my assessment wasn't too far off as four years later they have only nine hotels open and 14 in the pipeline. These growth numbers seem especially weak when compared to 'avid', IHG's answer to Millennial-focused brands Tru (Hilton) and Moxy (Marriott). The 'avid' brand was announced in 2017, and now has one hotel open and 126 hotels in the pipeline. I often read about new wellness-inspired hotels and amenities a...
