Wellness boost for UK

Rosewood

Wellness offerings could generate additional revenue of £21.1bn by 2023 to hospitality businesses in the UK, according to a study from Barclays.

The bank reported that 61% of businesses planned to invest more on health and wellbeing over the next three years.

In 2019, the global wellness industry was valued at $4.2tn, while the UK market for services related to wellness has meanwhile been estimated to be worth £12.4bn in 2020, with annual growth averaging nearly 4% per annum since 2015.

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