Residential spas in Europe on the rise
Nascent economic recovery and a greater willingness to invest in personal health and wellbeing has led to an upsurge in residential spa projects, according to European spa developers.
Companies including German spa and wellness provider Klafs and UK based Espa and Spa Creators, report a recent increase in spa projects in the private and residential sector.
The development is partly attributed to a greater availability of ready funds than has been the case for some years. Alistair Johnson, director of the consultancy Spa Creators, whose residential projects include the spa at the luxury Woodberry Park development in northeast London, said: “The reason we have seen this happen in the last six to nine months is that the type of developments in which we are seeing these spas, higher residential apartment blocks, were previously stagnant – because of the economy.” Johnson added that: “As funding is becoming available again, these properties are starting to develop.”
The increase in residential spas is also driven by a more competitive and demanding property market, in which more is expected of facilities in high-end developments. “There has been a change in this type of apartment complexes, it’s no longer enough to just have a gym, it now needs to be a state-of-the-art gym with a fully operational spa,” Johnson says.
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