Why Invest in Wellness Tourism in Thailand? | Techsauce

Why Invest in Wellness Tourism in Thailand?

In Asia, the Land of Smiles has traditionally been a significant wellness tourism sector. There's a lot to like about Thailand when it comes to medical travel as well. Thailand holds the comparatively inexpensive cost of treatment, high grade of care, and idyllic locations to relax and recover in. There's a lot to like about Wellness Tourism in Thailand. People have begun to look to this country as a destination for wellness and health retreats in recent years. Health and wellness tourism is expected to grow to 27.7 million people by 2022, according to  GlobalData.

WELLNESS TOURISM IN THAILAND

Many individuals come to Thailand for vacation and pleasure, but a large number also come to Thailand to address a medical need of different severity. Wellness tourism is located in the middle of these two types of travel. In some places, wellness tourism takes the shape of destination spas; like Canyon Ranch or Mii Amo Spa in the United States. These locations resemble a resort or hotel, but they also provide a variety of holistic health and wellness services on-site. People choose these locations not only for lodging but also for the primary objective of their vacation.

Yoga courses, meditation sessions, chia seed smoothies, and fruit buffets for breakfast are just a few of the nutritional and recreational alternatives available at wellness resorts and locations. You come to let your hair down, but unlike a Full Moon Party or comparable event, your goal is to depart feeling renewed and restored, not intoxicated and exhausted.

Operators in Thailand, such as resorts and fitness camps, are capitalizing on the growing global demand for healthy vacations. Wellness tourism is the most effective strategy to attract international visitors and keep them coming back. Given the increasingly frantic lifestyles, individuals lead on a daily basis, with faces glued to screens and exhausted bodies crowded onto public transportation, an annual trip to a beautiful and serene destination may appear to be the ideal method to replenish those batteries.

WHY DO PEOPLE CHOOSE WELLNESS VACATIONS IN THAILAND?

The wellness industry accounts for 5.3 percent of global economic production, according to the  Global Wellness Institute. The Tourism Authority of Thailand has focused on promoting anti-aging and longevity therapies to potential visitors. However, demographics are shifting. Now it appears that younger people are maintaining a healthy lifestyle replicating their elders. A few major influencing variables governing Thailand's Wellness Tourism are as follows:

AN INCREASE IN DISPOSABLE INCOMES CREATES GREATER OPPORTUNITIES

By 2030, the world's middle-class population is expected to exceed 5.3 billion people. The majority of this expansion will occur in Asia, with China and India leading the way. Asian households are also considered to be far wealthier than they have ever been. China's and India's middle-class marketplaces are expected to be worth USD$14.1 trillion and USD$12.3 trillion, respectively, by 2030.

Consumption rises as a result of the increased availability of disposable income. The middle class will spend more of their spare money on wants as time goes on. There's a recipe for increased tourism around the world if travel expenses are reduced. Those looking for low-cost destinations with amazing experiences will continue to look to Thailand to stretch their cash.

OVERTOURISM CREATING LUCRATIVE AVENUES

Overtourism is a global issue that is becoming more prevalent as the income of the world's middle class grows. Consider locations like Venice and Barcelona, or even Paris and Tokyo – wonderful places that may become overwhelmed with tourists from other countries. Both residents and visitors can sense overtourism when they perceive there are too many people traveling to, or through, a particular region or attraction, degrading the experience.

While many of these locations will continue to be popular with tourists, industry professionals are looking for innovative methods to encourage visitors to visit less-traveled areas or attempt new experiences other than taking a selfie with the Mona Lisa at the Louvre. As a result, some of Thailand's own tourism gems provide a respite from Bangkok's rush and bustle, allowing for more serene and tranquil vacationing in one of the world's most visited countries. 

INCREASED WELLNESS AWARENESS ACROSS THE COUNTRY

Consumers today are much more proactive and progressive when it comes to health and wellbeing. With the growing number of organic or natural-touted items on offer around the world, the quest for better nutrition has already had an impact on the food and beverage industry. As a result, those same customers are now using their purchasing power to influence the tourism sector.

The wellness tourism industry is already a multibillion-dollar industry. In 2017, the spending of health-conscious vacationers was USD $639 billion worldwide. Experts and expecting this to grow by 7.5 percent annually. Upscale hotel brands, remote retreat resorts, and fitness and spa facilities are customizing full holiday packages that focus on consumer expectations for health and wellness experiences rather than visiting sights.

BEST WELLNESS TOURISM SPOTS IN THAILAND

Resorts

You can stay at a luxury resort, like Kamalaya in Koh Samui or Chiva-Som in Hua Hin that offers a variety of health services such as yoga and meditation, as well as wellbeing sessions with meditation specialists, Traditional Chinese Medicine practitioners, and others.

Hotels

While hotels have long provided supplementary services such as massages and beauty treatments, spas such as the Eforea Spa at the Hilton Pattaya and the Barai Spa at the Hyatt Regency Hua Hin have created entire packages to compete with resorts.

Fitness Retreats

Thailand has numerous boxing and fitness programs due to its status as the birthplace of Muay Thai. Because of the growing popularity of Thai martial arts and the health benefits that such fitness regimens can give, camps like PhuketFit and Absolute Sanctuary have expanded their usual fitness services to include entire dieting and detox packages aimed at improving your health.

Nutrition Retreats

Nutrition and health retreats in Thailand focus more on food and provide healthy food and diet advice during your stay. At places like Olive Retreat or the Paleo Wellness Retreat, expect entirely customized meal programs sprinkled with health and wellbeing sessions (yoga, pilates, and mental health workshops).

Cruises

Some cruise lines provide specially designed wellness programs for passengers who want to cruise around the Land of Smiles while also participating in activities that will improve their general health and well-being. For those seeking a non-traditional tourism experience, Star Clippers Yoga, Culture, & Wellbeing Cruises offers a serene mix of sailing, mindful stretching, and engaging with nature.

THE BOTTOMLINE

From this article, we are sure that you now know the potential of the wellness tourism industry in Thailand. Overtourism is one of the major issues seeking attention all across the globe. Thus, investment in wellness tourism in Thailand can help you multiply your dollars efficiently. 

Therefore, if you are planning to make an investment in Thailand, plan to go for the Wellness Tourism Industry. To register your company and all types of legal and accounting support in Thailand, email us at  [email protected] . We can cover most of the corporate and legal issues in Thailand through our wide range of services. Our experience gives us ample acumen in the field to provide the best solution to your needs.

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