18-22 May 2024
The Ravenala Attitude Hotel,
Mauritius
|
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais),
Wiesbaden,
Germany
|
30-30 May 2024
Four Seasons Hotel George V,
Paris,
France
|
30 May - 02 Jun 2024
Rimini Exhibition Center,
Rimini,
Italy
|
06-07 Jun 2024
Sataman Viilu ,
Jyväskylä,
Finland
|
11-13 Jun 2024
Raffles City Convention Centre,
Singapore,
Singapore
|
22-22 Jun 2024
Worldwide,
|
22-24 Jun 2024
Las Vegas Convention Center,
Las Vegas,
United States
|
|
|
|
ISPA report: US spa industry surpasses US$15bn mark |
|
By Jane Kitchen 27 Aug 2015 |
The 'Big Five' industry metrics Credit: ISPA
|
The International SPA Association (ISPA) has released its annual findings of US spa industry financial indicators, reporting the industry continues to grow as it surpassed the US$15bn (€13.3bn, £9.7bn) mark.
The ISPA Foundation commissioned PricewaterhouseCoopers (PwC) to conduct the study, which presents what is known as the United States spa industry's “Big Five”: total revenue, spa visits, spa locations, revenue per visit and number of employees.
“It is always an exciting time to reveal the Big Five, as these numbers are strong indicators of the future success and growth of the spa industry,” said ISPA president Lynne McNees. “As ISPA celebrates its 25th anniversary, we are proud to report this milestone for the spa industry.”
Total revenue passed the US$15bn mark in 2014, up from US$14.7bn in 2013 to US$15.5bn in 2014, a 5.3 per cent increase.
ISPA said the increase in spa revenues was driven by strong growth in the number of spa visits, estimated to have increased to a record high of US$176m in 2014, up from US$164m in 2013, a 6.7 per cent increase. As the increase in visits outpaced the rise in spa revenues, there was a slight 1.3 per cent decline in average revenue per visit, from US$89 in 2013 to US$88 in 2014.
The total number of spa locations rose from 20,180 in 2013 to 20,660 in 2014, a 2.4 per cent increase. Total employment is estimated to have risen to 360,000 as of May 2015, an increase of more than 10,000 on the May 2014 position and a 2.9 per cent gain.
"This year's study highlights the strong performance in total revenue and number of spa visits,” said Colin McIlheney, global research director for PwC. “The growth in these areas shows the US spa industry is buoyant and building on the momentum established in the previous year.”
The complete study will be released in late September 2015.
|
|
News |
1 to 12 of 8716 news stories |
|
|
17 May 2024
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan. The GWI defines wellness real estate as homes ... More
|
|
|
|
14 May 2024
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group. With a background in therapy and fitness training, Hawco ... More
|
|
|
|
10 May 2024
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa. The vision behind the refresh was to create a ... More
|
|
|
|
09 May 2024
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality. The location features 357 art-inspired guest bedrooms and suites all with ... More
|
|
|
|
08 May 2024
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear. A California-based group of engineers and designers, Saga Holographic, have been working on ... More
|
|
|
|
08 May 2024
Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much-talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat. Janu Tokyo is only the ... More
|
|
|
|
07 May 2024
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health as part of an Optimize by Equinox membership. Priced at US$40,000 a ... More
|
|
|
|
07 May 2024
Spanish wellness brand SHA Wellness Clinic is busy preparing to bolster its wellness portfolio in 2026 with a hyper-exclusive island wellness enclave in AlJurf, UAE. SHA Emirates Island at AlJurf – created by Abu Dhabi-based ... More
|
|
|
|
03 May 2024
The historic Breakers Hotel in Long Beach, California, is set to reopen in mid-2024 as a Fairmont Hotels & Resorts property after a significant restoration and redevelopment project. The project, initially unveiled in 2022 by ... More
|
|
|
|
03 May 2024
High-end five-star hotel company Kempinski Hotels is making its mark in Vietnam with a luxury waterfront property overlooking the Saigon River. Set to open by 2026, Kempinski Saigon River – designed by Kengo Kuma & ... More
|
|
|
|
01 May 2024
Marriott International has signed a new deal with Neom to open a Ritz-Carlton Reserve property as part of Trojena, a brand new year-round mountain adventure destination in Saudi Arabia. Launching in 2026, Trojena is a ... More
|
|
|
|
27 Apr 2024
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. Owned by former BBC Dragon’s Den investor, ... More
|
|
|
|
|
Gharieni Group |
Our products are
made in Germany and designed with the
utmost attention to quality and detail.
[more] |
|
|
|
|