With the latest Global Wellness Institute research revealing the global wellness economy is worth $5.6 trillion, and set to hit a record $8.5 trillion by 2027, this year promises to be a positive one for the spa industry.
The development pipeline for spas openings across Europe is buoyant and, despite post-pandemic challenges, the wellness economy has experienced a growth surge since 2020. As consumers, governments and the medical world continue to place greater emphasis on preventative health, spa and wellness is set to boom in 2024.
The Global Wellness Economy 2023 report predicted that wellness real estate is set to grow by 17.4% annually, while wellness tourism sits at 16.6% annual growth and thermal/mineral springs are set to grow by 14.3% annually.
This translates into more than 30 new spa opening predicted during 2024.
Best London spa openings for 2024
1. Mandarin Oriental Mayfair
The much-anticipated spa at the new Mandarin Oriental Mayfair on Hanover Square in London is set to open in early 2024.
The subterranean spa has interiors designed by architects Rogers Stirk Harbour + Partners and Tokyo-based studio Curiosity, with a focus on nature and art. It will be a boutique to its sister Spa at Mandarin Oriental Hyde Park.
Facilities will include an indoor 25-metre swimming pool, sauna, vitality pools, experience showers and steam rooms. The spa will offer a biohacking selection, designed to synchronise with brain waves and induce a meditative state. New to London, these treatments will be available as short 22-minute results-driven biohacks including stress release and power nap.
Other unique treatments include a series of NAD+ vitamin-boosting IV infusions, designed to alleviate symptoms such as jet-lag or hangovers.
Brand partners at the Mandarin Oriental Mayfair will include Swiss Perfection, Seed to Skin Tuscany and CBD-infused OTO.