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NEWS
US spa industry hit more than US$18bn in revenues in 2021, reports ISPA
POSTED 03 May 2022 . BY Megan Whitby
ISPA releases five US spa industry financial indicators every year, including revenue, spa visits, locations, revenue per visit and total employees Credit: Shutterstock/baranq
Spas across the US generated US$18.1bn (€17.2bn, £14.4bn) in revenues in 2021, marking an almost 50 per cent increase compared to 2020 (US$12.1bn, €11.5bn, £9.7bn).

This is according to data from the annual 2022 US Spa Industry Study, conducted by PricewaterhouseCoopers (PwC) on behalf of the International Spa Association (ISPA).

These findings signal encouraging news for market recovery in the US as it indicates revenue has nearly returned to pre-pandemic figures last published in 2019 by ISPA – US$19.1bn (€18.1n, £15.3bn) – which was an all-time high for the industry.

The 2022 report also found spa visits increased by nearly 40 per cent – shifting from 124 million in 2020 to 173 million in 2021.

Revenue per visit received a boost too and jumped from US$97.50 (€92.65, £77.77) to US$104.50 (€99.30, £83.35), indicating a seven per cent rise.

Meanwhile, the total number of employees rose 13.2 per cent from 304,800 in 2020 to 345,000 in 2021. ISPA splits this into full-time (162,800), part-time (167,100) and contracted staff (15,100).

As of January 2022, 21,510 spa businesses were recorded, compared to 21,560 in January 2021*, which indicates a 0.2 per cent loss.

“This year’s study indicates a significant bounce back from the depths of the pandemic in 2020,” said Colin McIlheney, global research leader, PwC.

“The overall revenue growth, substantial increase in visits and sharp rise in revenue per visit are particularly encouraging as the industry continues its recovery.”

The financial indicators mentioned above are referred to as the 'Big Five' and are always a highlight of the report. The publication has been an annual ISPA instalment since 1999.

The first look at the study was revealed today (3 May) at ISPA’s in-person Conference & Expo at Mandalay Bay in Las Vegas, Nevada.

ISPA will release the full study later this year, packed full with even more insights and data.

“We are thrilled to report strong signs of recovery for our industry,” said ISPA president Lynne McNees. “We're confident that this positive trend will continue, and we look forward to seeing how members use this new industry and consumer data to further elevate the industry.”

*The count of spas includes spas that were temporarily closed at the end of the calendar year 2020.
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NEWS
US spa industry hit more than US$18bn in revenues in 2021, reports ISPA
POSTED 03 May 2022 . BY Megan Whitby
ISPA releases five US spa industry financial indicators every year, including revenue, spa visits, locations, revenue per visit and total employees Credit: Shutterstock/baranq
Spas across the US generated US$18.1bn (€17.2bn, £14.4bn) in revenues in 2021, marking an almost 50 per cent increase compared to 2020 (US$12.1bn, €11.5bn, £9.7bn).

This is according to data from the annual 2022 US Spa Industry Study, conducted by PricewaterhouseCoopers (PwC) on behalf of the International Spa Association (ISPA).

These findings signal encouraging news for market recovery in the US as it indicates revenue has nearly returned to pre-pandemic figures last published in 2019 by ISPA – US$19.1bn (€18.1n, £15.3bn) – which was an all-time high for the industry.

The 2022 report also found spa visits increased by nearly 40 per cent – shifting from 124 million in 2020 to 173 million in 2021.

Revenue per visit received a boost too and jumped from US$97.50 (€92.65, £77.77) to US$104.50 (€99.30, £83.35), indicating a seven per cent rise.

Meanwhile, the total number of employees rose 13.2 per cent from 304,800 in 2020 to 345,000 in 2021. ISPA splits this into full-time (162,800), part-time (167,100) and contracted staff (15,100).

As of January 2022, 21,510 spa businesses were recorded, compared to 21,560 in January 2021*, which indicates a 0.2 per cent loss.

“This year’s study indicates a significant bounce back from the depths of the pandemic in 2020,” said Colin McIlheney, global research leader, PwC.

“The overall revenue growth, substantial increase in visits and sharp rise in revenue per visit are particularly encouraging as the industry continues its recovery.”

The financial indicators mentioned above are referred to as the 'Big Five' and are always a highlight of the report. The publication has been an annual ISPA instalment since 1999.

The first look at the study was revealed today (3 May) at ISPA’s in-person Conference & Expo at Mandalay Bay in Las Vegas, Nevada.

ISPA will release the full study later this year, packed full with even more insights and data.

“We are thrilled to report strong signs of recovery for our industry,” said ISPA president Lynne McNees. “We're confident that this positive trend will continue, and we look forward to seeing how members use this new industry and consumer data to further elevate the industry.”

*The count of spas includes spas that were temporarily closed at the end of the calendar year 2020.
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With global staff shortages threatening to stall economic recovery, it’s time to reboot our commitment to driving improvements in pay and working conditions across the spa and wellness industry
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Membership programmes are the perfect way to keep guests coming back time after time. They bring in predictable revenue and offer more revenue opportunities by turning one-off clients into loyal guests... and they are growing in popularity. [more...]

How can snow therapy enhance fitness and wellness experiences?
Incorporating a SnowRoom into your spa or fitness studio is a tried and tested business decision which will not only provide a wealth of health benefits for guests but also leave them speechless after experiencing an unforgettable wellness experience. [more...]
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Our cloud-based platform gives owners and managers back-office access from anywhere. The system enab [more...]
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Book4time at ISPA 2022 in Las Vegas
Book4time had a blast catching up with spa and wellness industry leaders at ISPA 2022 in Las Vegas. It was a joy catching up with current clients and being able to meet face to face with buyers looking for a new spa software solution. Find out more...
+ More videos  

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02 Jun 2022

Forum HOTel&SPA

Four Seasons Hotel George V, Paris, France
02-05 Jun 2022

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Rimini Exhibition Center, Rimini, Italy
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2022

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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PRINT SUBSCRIPTIONS
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