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News report
Latest ISPA study

US spas hit $18bn in revenues - New ISPA study highlights continued growth of the US spa industry across key metrics


Spas across the US generated US$18.3bn (€16.3bn, £15bn) in revenues in 2018 and have grown steadily across key financial indicators in the last nine years.

This is according to data from the International Spa Association (ISPA) which released the 20th edition of its ISPA US Spa Industry Study in early August.

Revenues in US spas increased by 4.7 per cent between 2017 and 2018 and this has been attributed to a growth in revenue per visit which has gone up from US$93.70 (€83.50, £77.10) to US$96.50 (€86, £79.40) over the same time.

There’s been a boost in spa visits too with numbers rising from 187 million in 2017 to 190 million in 2018. Additionally, there were 22,160 spa locations in 2018, which is 1.8 per cent more than in 2017.

“We’re grateful to once again report record growth for the spa industry with 2018 marking a record high US$18.3bn in revenue,” says ISPA president Lynne McNees. “The spa industry continues to prove itself as a thriving market perfect for anyone looking to enter an industry with limitless potential.”

The ISPA Foundation commissioned PricewaterhouseCoopers (PwC) to conduct the study and Colin McIlheney, global research director at PwC, says: “The number of spas is at an all-time record. There are now more than 22,000 across the country [and the industry is] continuing to expand its footprint. The other notable statistic is that revenues are getting ever close to the iconic 20-billion-dollar mark. This remarkable threshold could be reached during 2020.”

He adds that the results “show the spa industry is still on the march to new highs”.

The complete study will be released at the 2019 ISPA Conference & Expo in Las Vegas on 11-13 September.

See p74 for ISPA’s research on the preferences of spa-goers across generations

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28 Nov 2019

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Jobs   News   Products   Magazine
News report
Latest ISPA study

US spas hit $18bn in revenues - New ISPA study highlights continued growth of the US spa industry across key metrics


Spas across the US generated US$18.3bn (€16.3bn, £15bn) in revenues in 2018 and have grown steadily across key financial indicators in the last nine years.

This is according to data from the International Spa Association (ISPA) which released the 20th edition of its ISPA US Spa Industry Study in early August.

Revenues in US spas increased by 4.7 per cent between 2017 and 2018 and this has been attributed to a growth in revenue per visit which has gone up from US$93.70 (€83.50, £77.10) to US$96.50 (€86, £79.40) over the same time.

There’s been a boost in spa visits too with numbers rising from 187 million in 2017 to 190 million in 2018. Additionally, there were 22,160 spa locations in 2018, which is 1.8 per cent more than in 2017.

“We’re grateful to once again report record growth for the spa industry with 2018 marking a record high US$18.3bn in revenue,” says ISPA president Lynne McNees. “The spa industry continues to prove itself as a thriving market perfect for anyone looking to enter an industry with limitless potential.”

The ISPA Foundation commissioned PricewaterhouseCoopers (PwC) to conduct the study and Colin McIlheney, global research director at PwC, says: “The number of spas is at an all-time record. There are now more than 22,000 across the country [and the industry is] continuing to expand its footprint. The other notable statistic is that revenues are getting ever close to the iconic 20-billion-dollar mark. This remarkable threshold could be reached during 2020.”

He adds that the results “show the spa industry is still on the march to new highs”.

The complete study will be released at the 2019 ISPA Conference & Expo in Las Vegas on 11-13 September.

See p74 for ISPA’s research on the preferences of spa-goers across generations

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Blu Spas is a full-service firm offering consulting, advisory and operating solutions. [more...]

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Today’s guests not only appreciate the ability to book online at their favorite spa, but they have come to expect it. [more...]
COMPANY PROFILES
MCCM Medical Spa

Mesosystem created the brand MCCM in 2006, following the desire of a concept to achieve the best r [more...]
+ More profiles  
CATALOGUE GALLERY
 

+ More catalogues  

VIDEO GALLERY

Book4Time Overview
Book4Time is a global leader in cloud-based wellness and activity booking software for Spas, Hotels & Resorts and the Beauty industry. Find out more...
+ More videos  

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+ More directory  
DIARY

 

28 Nov 2019

Bali Wellness Summit

Alila Seminyak, Bali, Indonesia
29 Nov 2019

FHT Conference

The King’s Fund, London, United Kingdom
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

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