Inspiring & Reaffirming: 2024 Wellness Real Estate & Communities Symposium
Medicine + wellness, science + sustainability, technology + design, and AI + neuroscience were hot topics at this year’s symposium.
On the flip side of the technological innovations, there was robust conversation about the humanist side of wellness: highlighting the healing effects of nature, multisensorial design and the power of wonder and enchantment to affect positive change.
Reflecting on a year of exponential growth for the wellness community, here are our five main takeaways:
#1 Momentum in Wellness Real Estate
Wellness real estate is the fastest-growing sector in the global wellness economy, projected to reach the trillion-dollar mark by 2028. It’s not just an amenity; it’s the thread that ties hospitality and lifestyle together.
#2 The Power of Multi-Sensory Experiences
Wellness spaces thrive fulfill their true purpose when designed with a customer-focused human-centric lens, integrating biophilic design elements for emotional connection and exploration. Incorporating sensory stimuli like sound, texture, scent, and natural light is key to creating a built environment that reaffirms our desire to flourish and nourish.
#3 Advancing Wellness Technologies
Magic lies in the realm of awe and wonder. Create settings to evoke a sense of the magical and mystical aspect of the human experience through the convergence of art, music, and multisensorial design.
#4 The Essence of Magic: Suspension of Disbelief
Magic lies in the realm of awe and wonder. Create settings to evoke a sense of the magical and mystical aspect of the human experience through the convergence of art, music, and multisensorial design
#5 Place Making and Place Keeping
Wellness is now a key motivation that drives real estate purchasing decisions, with research proving that a robust wellness proposition leads to higher values that yields significant returns on investment. Wellness thrives when the experience is intrinsically connected to its sense of place, the natural surroundings and the community it serves.