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NEWS
Value of South African spa industry reaches R1.54bn
POSTED 20 Jun 2017 . BY Tom Walker
There are now more than 700 spa facilities in South Africa, employing more than 5,500 people
The total revenues generated by the South African health and beauty spa industry is estimated to have reached R1.54bn (US$119m, €107m, £93m) during 2016.

According to figures from the Health and Beauty Spa Industry in South Africa 2017, there are now more than 700 spa facilities in the country, employing more than 5,500 people.

The report also shows that many spas are linked to hotels and resorts and that more than 80 per cent of spas are locally-owned.

Industry growth rates for 2015 and 2016, however, were lower than predicted by the South African Spa Benchmark Report undertaken in 2014.

This, according to the report, was in part due to “general adverse economic conditions as well as a drop in government spending on conferences and fewer foreign tourists following government’s introduction of stricter visa requirements”.

“Fitch Ratings and Standard & Poor’s (S&P) both downgraded South Africa’s foreign currency debt to non-investment grade (BB+), also termed junk status, which could hamper the industry in 2017,” the report states.

The report adds that the South African spa sector has also created its own trends.

“African safari spas have become popular,” the report reveals. “As have mobile spas that bring a spa experience to corporate events or to bedridden clients in the home.”

To access the full Health and Beauty Spa Industry in South Africa 2017 report, click here
.
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Uniting the world of spa & wellness
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News   Products   Magazine   Subscribe
NEWS
Value of South African spa industry reaches R1.54bn
POSTED 20 Jun 2017 . BY Tom Walker
There are now more than 700 spa facilities in South Africa, employing more than 5,500 people
The total revenues generated by the South African health and beauty spa industry is estimated to have reached R1.54bn (US$119m, €107m, £93m) during 2016.

According to figures from the Health and Beauty Spa Industry in South Africa 2017, there are now more than 700 spa facilities in the country, employing more than 5,500 people.

The report also shows that many spas are linked to hotels and resorts and that more than 80 per cent of spas are locally-owned.

Industry growth rates for 2015 and 2016, however, were lower than predicted by the South African Spa Benchmark Report undertaken in 2014.

This, according to the report, was in part due to “general adverse economic conditions as well as a drop in government spending on conferences and fewer foreign tourists following government’s introduction of stricter visa requirements”.

“Fitch Ratings and Standard & Poor’s (S&P) both downgraded South Africa’s foreign currency debt to non-investment grade (BB+), also termed junk status, which could hamper the industry in 2017,” the report states.

The report adds that the South African spa sector has also created its own trends.

“African safari spas have become popular,” the report reveals. “As have mobile spas that bring a spa experience to corporate events or to bedridden clients in the home.”

To access the full Health and Beauty Spa Industry in South Africa 2017 report, click here
.
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The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results.
Sport England’s Active Lives insight finds record activity levels, but enduring health inequalities
While British adults are the most active they’ve been in a decade, health inequalities remain with the same groups missing out, according to Sport England’s latest Active Lives Adults Report.
Kerzner to expand Siro portfolio with recovery-focused hotels in Los Cabos and Riyadh
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property in Dubai this February.
Nuffield Health calls for National Movement Strategy as research shows decline in fitness levels among some consumers
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are still not meeting WHO guidelines.
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Spa and wellness industry to reunite at Forum HOTel&SPA 2024
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Founded in 1946, Sothys is owned by the Mas family. Chief executive Christian Mas oversees the com [more...]
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ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS