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Event report
Global Thermal Think Tank, China

Hot spring owners and stakeholders gathered in China and Japan for the latest Global Thermal Think Tank events. Lisa Starr shares her highlights from Asia

By Lisa Starr | Published in Spa Business 2020 issue 1


There was a time, not that long ago, when treatments utilising water were considered essential to a spa experience. In the last decade, with the advent of the wellness movement and the advances in technology and equipment, it’s no longer a central component. There are, however, locations where water still plays a starring and pivotal role – the thermal/mineral springs spa.

These businesses, which can seem few and far between in certain parts of the world, actually number approximately 35,000 globally according to the most recent Global Wellness Institute (GWI) research. Thermal and mineral spring spas are the keepers of time-honored bathing and communal traditions in their regions, attracting locals and tourists alike. In the last few years, as spa conferences move into the wellness realm, representatives of this specialised group have begun to gather annually in an event that has come to be known as G3T, or Global Thermal Think Tank.

“The primary impetus for starting the group was a desire to learn from bathing cultures of the world, and to do it together with other people who share a passion for hot springs,” says Charles Davidson, founder of Australia’s Peninsula Hot Springs, who originally set up the group with wellness professor Marc Cohen. Davidson himself has allowed his passion to carry him to 51 countries since 1998 on what he calls ‘hot springs research missions’. This year for the first time, the G3T group offered conferences before and after October’s Global Wellness Summit in Singapore – one in China, the other in Japan.

Chinese whispers
At the pre-summit event in Guangzhou, China, the host hotel Bishuiwan Hot Springs rolled out the red carpet for more than 40 attendees of the two-day conference. Simultaneous translation was offered for the presentations from government officials, scientists, doctors, and thermal spa operators on a variety of relevant subjects.

Zhang Yue, secretary general of the China Hot Spring Tourism Association, gave some insights into the hot springs market in the country. He says that much effort, and expense from the government – almost CNY71bn (US$10.1bn, €9.1bn, £7.7bn) – has been put into the development of hot springs tourism, with impressive results. One location in Chongqing had 40,000 visitors in a day! China has approximately 2,500 hot springs locations, many of which target the luxury market and some that are also able to host conferences and provide entertainment.

However, Zhang says there’s a gap in the market to develop locations with middle and lower-end pricing as well, so that locals can also participate – one facility even has a price of CNY20 (US$2.90, €2.60, £2.20) a day.

Some hot springs operators in China are working with local hospitals, and others are piloting the inclusion of Chinese medicine practices alongside thermal bathing. However, Zhang remarks that these efforts are in the early stages, and they recognise the challenges in combining recreation with true therapy.

Economic focus
Mark Hennebry, CEO of Ensana Hospitality, a brand of Danubius which operates 26 thermal/mineral hotels and spas across Europe, shared some economic data reflecting the health of the industry. This included an exciting project in the UK spa town of Buxton, a development that’s costing nearly £70m (US$91.7m, €82.4m) and creating 100 jobs.

In Bath, England, the refurbished Thermae Spa attracts 260,000 visitors a year, while YTL’s Gainsborough Hotel, which also taps into natural thermal waters, created 120 jobs. Hennebry also shared that Davidson’s Peninsula Hot Springs has created 330 direct jobs, sees 440,000 guests per year, and has spurred AU$50m (US$33.7m, €30.7m, £30m) in development. Hennebry commented that these improvements bring additional benefits beyond economic to a region: “Modern days see the isolation of individuals, but hot springs bring them back together, and bring new life to old buildings.”

Ingo Schweder, CEO of GOCO Hospitality, discussed the complicated topic of valuation of hot springs resorts, using his own company’s acquisition of Glen Ivy Hot Springs in the US as an example. Glen Ivy has been operating since 1860 and has more than 200,000 annual visitors. Operating revenues from 2019 were predicted to reach US$31m (€27.9m, £23.7m), with a 35 per cent margin. But Schweder says investors want more added value, so Glen Ivy is adding 50 hotel rooms, and 245 housing units. But it’s only been able to do this because it’s got strong financials –  80 per cent of visitors are repeat guests and this has created a stable business model, allowing Glen Ivy the financial opportunity to also be part of the burgeoning wellness real estate industry.

Shin-Toji scheme
Days before the post-summit gathering in Japan, the venue was forced to move to Shuzenji on the Izu Peninsula due to a typhoon threat. Unfortunately, that meant many government and association representatives were unable to attend.

However, industry leaders managed to make it and held lively discussions on the development of hot springs communities globally, as well as hearing about the latest research covering everything from balneology and exercise packages to the importance of nature therapy. There was also a call for industry and academia to work more closely together to create an evidence-based explanation on the benefits of bathing and water properties that Japanese onsen facilities can use to educate bathers.

Elsewhere, in the 2019 Spa Business Handbook, Japanese researcher Tomonori Maruyama pointed out the hot spring potential in his country which boasts 12,860 thermal springs providing accommodation for more than 130 million guests.

He says: “An emerging opportunity for the spa and wellness industry in Japan is Shin-Toji, a scheme for encouraging a wellness lifestyle by spending time in hot spring regions while at the same time enjoying local foods, cultural experiences, natural environments, picturesque scenery, beauty treatments and communication with local people.

“The Japanese Ministry of Environment launched Shin-Toji in April 2018, and 39 cities, 55 companies, 38 resort hotels, 26 tourism associations and 46 other organisations have already been participating as members now.”

Lighthouses for communities
While the thermal/mineral springs segment of wellness, valued by GWI at US$56bn (€50.4bn, £42.8bn), is one of the oldest wellness traditions, this market is continuing to grow and flourish, as operators realise the potential of this model, in a digital age, to provide connections between people and also communities. Davidson concludes: “Hot springs are like lighthouses for regions. They attract people who, once at a destination, spend money on other activities. The more we can encourage people to engage in conscious travel that is driven by the health and wellbeing association of hot springs, the greater the social, environmental and economic flow on benefits to communities.”

Read more from this issue of Spa Business magazine

View contents of Spa Business 2020 issue 1
A national panel, including Zhang Yue (first right), gave insights into hot springs in China
A national panel, including Zhang Yue (first right), gave insights into hot springs in China
Up to 40 hot spring leaders attended to learn about bathing cultures of the world
Up to 40 hot spring leaders attended to learn about bathing cultures of the world
Panel topics included economic impact, market gaps and research
Panel topics included economic impact, market gaps and research
G3T founder Charles Davidson
G3T founder Charles Davidson
In Japan, a government-backed initiative called Shin-Toji encourages hot spring bathing
In Japan, a government-backed initiative called Shin-Toji encourages hot spring bathing
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Event report
Global Thermal Think Tank, China

Hot spring owners and stakeholders gathered in China and Japan for the latest Global Thermal Think Tank events. Lisa Starr shares her highlights from Asia

By Lisa Starr | Published in Spa Business 2020 issue 1


There was a time, not that long ago, when treatments utilising water were considered essential to a spa experience. In the last decade, with the advent of the wellness movement and the advances in technology and equipment, it’s no longer a central component. There are, however, locations where water still plays a starring and pivotal role – the thermal/mineral springs spa.

These businesses, which can seem few and far between in certain parts of the world, actually number approximately 35,000 globally according to the most recent Global Wellness Institute (GWI) research. Thermal and mineral spring spas are the keepers of time-honored bathing and communal traditions in their regions, attracting locals and tourists alike. In the last few years, as spa conferences move into the wellness realm, representatives of this specialised group have begun to gather annually in an event that has come to be known as G3T, or Global Thermal Think Tank.

“The primary impetus for starting the group was a desire to learn from bathing cultures of the world, and to do it together with other people who share a passion for hot springs,” says Charles Davidson, founder of Australia’s Peninsula Hot Springs, who originally set up the group with wellness professor Marc Cohen. Davidson himself has allowed his passion to carry him to 51 countries since 1998 on what he calls ‘hot springs research missions’. This year for the first time, the G3T group offered conferences before and after October’s Global Wellness Summit in Singapore – one in China, the other in Japan.

Chinese whispers
At the pre-summit event in Guangzhou, China, the host hotel Bishuiwan Hot Springs rolled out the red carpet for more than 40 attendees of the two-day conference. Simultaneous translation was offered for the presentations from government officials, scientists, doctors, and thermal spa operators on a variety of relevant subjects.

Zhang Yue, secretary general of the China Hot Spring Tourism Association, gave some insights into the hot springs market in the country. He says that much effort, and expense from the government – almost CNY71bn (US$10.1bn, €9.1bn, £7.7bn) – has been put into the development of hot springs tourism, with impressive results. One location in Chongqing had 40,000 visitors in a day! China has approximately 2,500 hot springs locations, many of which target the luxury market and some that are also able to host conferences and provide entertainment.

However, Zhang says there’s a gap in the market to develop locations with middle and lower-end pricing as well, so that locals can also participate – one facility even has a price of CNY20 (US$2.90, €2.60, £2.20) a day.

Some hot springs operators in China are working with local hospitals, and others are piloting the inclusion of Chinese medicine practices alongside thermal bathing. However, Zhang remarks that these efforts are in the early stages, and they recognise the challenges in combining recreation with true therapy.

Economic focus
Mark Hennebry, CEO of Ensana Hospitality, a brand of Danubius which operates 26 thermal/mineral hotels and spas across Europe, shared some economic data reflecting the health of the industry. This included an exciting project in the UK spa town of Buxton, a development that’s costing nearly £70m (US$91.7m, €82.4m) and creating 100 jobs.

In Bath, England, the refurbished Thermae Spa attracts 260,000 visitors a year, while YTL’s Gainsborough Hotel, which also taps into natural thermal waters, created 120 jobs. Hennebry also shared that Davidson’s Peninsula Hot Springs has created 330 direct jobs, sees 440,000 guests per year, and has spurred AU$50m (US$33.7m, €30.7m, £30m) in development. Hennebry commented that these improvements bring additional benefits beyond economic to a region: “Modern days see the isolation of individuals, but hot springs bring them back together, and bring new life to old buildings.”

Ingo Schweder, CEO of GOCO Hospitality, discussed the complicated topic of valuation of hot springs resorts, using his own company’s acquisition of Glen Ivy Hot Springs in the US as an example. Glen Ivy has been operating since 1860 and has more than 200,000 annual visitors. Operating revenues from 2019 were predicted to reach US$31m (€27.9m, £23.7m), with a 35 per cent margin. But Schweder says investors want more added value, so Glen Ivy is adding 50 hotel rooms, and 245 housing units. But it’s only been able to do this because it’s got strong financials –  80 per cent of visitors are repeat guests and this has created a stable business model, allowing Glen Ivy the financial opportunity to also be part of the burgeoning wellness real estate industry.

Shin-Toji scheme
Days before the post-summit gathering in Japan, the venue was forced to move to Shuzenji on the Izu Peninsula due to a typhoon threat. Unfortunately, that meant many government and association representatives were unable to attend.

However, industry leaders managed to make it and held lively discussions on the development of hot springs communities globally, as well as hearing about the latest research covering everything from balneology and exercise packages to the importance of nature therapy. There was also a call for industry and academia to work more closely together to create an evidence-based explanation on the benefits of bathing and water properties that Japanese onsen facilities can use to educate bathers.

Elsewhere, in the 2019 Spa Business Handbook, Japanese researcher Tomonori Maruyama pointed out the hot spring potential in his country which boasts 12,860 thermal springs providing accommodation for more than 130 million guests.

He says: “An emerging opportunity for the spa and wellness industry in Japan is Shin-Toji, a scheme for encouraging a wellness lifestyle by spending time in hot spring regions while at the same time enjoying local foods, cultural experiences, natural environments, picturesque scenery, beauty treatments and communication with local people.

“The Japanese Ministry of Environment launched Shin-Toji in April 2018, and 39 cities, 55 companies, 38 resort hotels, 26 tourism associations and 46 other organisations have already been participating as members now.”

Lighthouses for communities
While the thermal/mineral springs segment of wellness, valued by GWI at US$56bn (€50.4bn, £42.8bn), is one of the oldest wellness traditions, this market is continuing to grow and flourish, as operators realise the potential of this model, in a digital age, to provide connections between people and also communities. Davidson concludes: “Hot springs are like lighthouses for regions. They attract people who, once at a destination, spend money on other activities. The more we can encourage people to engage in conscious travel that is driven by the health and wellbeing association of hot springs, the greater the social, environmental and economic flow on benefits to communities.”

Read more from this issue of Spa Business magazine

View contents of Spa Business 2020 issue 1
A national panel, including Zhang Yue (first right), gave insights into hot springs in China
A national panel, including Zhang Yue (first right), gave insights into hot springs in China
Up to 40 hot spring leaders attended to learn about bathing cultures of the world
Up to 40 hot spring leaders attended to learn about bathing cultures of the world
Panel topics included economic impact, market gaps and research
Panel topics included economic impact, market gaps and research
G3T founder Charles Davidson
G3T founder Charles Davidson
In Japan, a government-backed initiative called Shin-Toji encourages hot spring bathing
In Japan, a government-backed initiative called Shin-Toji encourages hot spring bathing
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FEATURED SUPPLIERS

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Le Atelier by C.O.D.E. doesn't offer a standard bespoke service, it provides a highly customised approach to designing massage beds and loungers in high-end wellness environments. [more...]

Introducing Glass Act by Templespa
Introducing Glass Act, your new go-to eye serum for brighter, smoother, beautifully awakened eyes. [more...]
+ More featured suppliers  
COMPANY PROFILES
Bioline Jatò

Bioline Jatò is a family Italian company operating in the professional skincare industry since 197 [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

09-11 Jun 2026

World Sauna Forum 2026

Savutuvan Apaja, Haapaniemi, Finland
09-12 Jun 2026

W3Spa EMEA

Hotel Cascais Miragem Health & Spa, Portugal
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
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