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This coming October 15-17, leaders in the wellness industry from around the world will gather in Singapore instead of Hong Kong for the 2019 Global Wellness Summit (GWS). The three-day event, now to be hosted by Grand Hyatt Singapore, will bring together big names in the USD$4.2 trillion global wellness economy. Delegates plan to discuss the future of the industry, particularly Asia’s growing wellness market.
The GWS is held in different locations every year, and has previously taken place in Switzerland, Turkey, India, Bali, Morocco, Mexico, Austria, Italy and the United States. This year, the 13th annual conference, originally scheduled in Hong Kong, will take place in Singapore’s Grand Hyatt. Chairman and CEO of GWS Susie Ellis explained that the shift in location, a decision made by the leadership and advisory board, was “important for the collective wellbeing of everyone involved with the Summit.”
Ellis remarked that as a financial destination and well-known Asian hub, Singapore is well positioned to host the 2019 event and offer a new perspective into wellness market opportunities in Asian locations including China, India, Indonesia, Japan and Malaysia.
According to the Global Wellness Institute’s 2018 Global Wellness Economy Monitor, Asia has experienced the biggest and fastest growth in the key wellness sectors. The wellness tourism sector, in particular, has seen the swiftest boom in the region with China and India ranking on top globally. Asia also claims the seat for the largest number of spas and mineral springs.
The theme of this year’s invitation-only conference is “Shaping the Business of Wellness”. Organisers are expecting around 600 delegates from around the world to meet to listen to a range of different speakers and presenters. In addition to insights on the industry’s ten major sectors covered by leading experts and speakers, delegates will also discuss business and investment trends in wellness.
Lead image courtesy of Grand Hyatt Singapore & Global Wellness Institute.