Industry Update
Press Release30 September 2013

Horwath HTL, Health and Wellness Special Market Report, Issue 1: India

By Ingo Schweder, CEO and founder of GOCO Hospitality and Horwath HTL Health & Wellness

share this article
1 min
Schweder

India stands at the forefront of today's global spa and wellness market, alluring domestic and international visitors alike with the time-honored traditions of Ayurveda and yoga and high quality, affordable medical tourism.Now poised to become the fifth largest consumer market globally by 2020, India demonstrates all the demographic advantages of an ideal market for leading international spa and wellness brands.

Advertisements

At present, the country boasts a 350-million strong middle class, a notably large youth population (50% of which are under the age of 25), rising levels of disposable income, and associated increases in overall aspiration and experimentation, as wellas obesity, related health issues, and health consciousness (PricewaterhouseCoopers, 2012)These factors, in conjunction with a growing number of low-cost domestic airlines, like SpiceJet and IndiGo, suggest that demand for all things wellness and spa is expected to grow in the coming years.

Horwath HTL Health and Wellness is the newly conceived division of Horwath HTL,specialisingin the development of destination retreats, lifestyle and wellnesscentres, bathhouses, resort, hotel, medical, and day spas, and health and fitness clubs globally.

Founded by Ingo Schweder, Horwath HTL Health & Wellness provides a range of wellness focused project consulting, including market research and feasibility studies, brand and concept development, and executive recruitment.GOCO Hospitality, also founded by Ingo Schweder, is a specialty management company concentrated on similar types of health and wellness facilities, including mixed-use wellness communities, resorts, and hotel spas, with over 20 projects in countries across the globe.

Related Document

Horwath HTL, Health and Wellness Special Market Report, Issue 1: India

India stands at the forefront of today’s global spa and wellness market, alluring domestic and international visitors alike with the time-honored traditions of Ayurveda and yoga and high quality, affordable medical tourism. Now poised to become the fifth largest consumer market globally by 2020, India demonstrates all the demographic advantages of an ideal market for leading international spa and wellness brands.
Download document (1 MB)

Ingo Schweder

As CEO and founder of GOCO Hospitality and Horwath HTL Health & Wellness, Ingo Schweder brings more than 30 years of experience from the fields of spa and hospitality. Under his guidance, Ananda in the Himalayas, the globally recognized destination spa, was established. From the ground up, he established 15 resorts on four continents for the Mandarin Oriental Hotel Group, whose strong holistic roots are now credited to him.

    More from Ingo Schweder

    About Horwath HTL

    Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects.  If you have any questions, please contact James Chappell, Global Business Director at [email protected]

    Contact
    James Chappell
    Global Business Director
    Send email
      Advertisements