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US spa industry hits US$18bn in revenues
By Katie Barnes 07 Aug 2019
ISPA president Lynne McNees says this is a record-setting revenue mark and that the US spa industry continues to prove itself as a thriving market
Spas across the US generated US$18.3bn (€16.3bn, £15bn) in revenues in 2018 and have seen a steady growth 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 yesterday (6 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 seen an uptake of 3 per cent – 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 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, 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 still on the march to new highs”.

The complete study will be released at the 2019 ISPA Conference & Expo, which is due to take place at The Venetian in Las Vegas on 11-13 September.



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28 Jan 2020
Spa operators could help guests reduce feelings of sadness, successfully conquer binge-eating challenges and improve self-control and discipline, using learnings from new research published in the Journal of Consumer Psychology. Called When sadness comes alive, ... More
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Luxury alpine destination Vail Marriott Mountain Resort has relaunched its spa and wellness offering, following a US$6m resort-wide refurbishment. Developed and managed by boutique spa operator, Trilogy Spa Holdings, the 8,830sq ft Well & Being ... More
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Peter Staic has completed a year-long, €5m ($5.5m, £4.2m) renovation project at the family-run Hotel Arlberg alpine hotel and spa in Lech, Austria, with healthy paints, calming colours and natural materials. The hotel's newly extended ... More
24 Jan 2020
Spa is now one of the top-performing departments within US hotels, according to CBRE’s 2019 Trends in the Hotel Spa Industry. The report found that total hotel revenue increased by 3.8 per cent, while spa ... More
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Luxury resort Coco Bodu Hithi has revealed plans to launch the first "floating yoga studio" in the Maldives. The resort is working with Beijing-based AquaX Academy – founded by lululemon China Ambassador Queenie Xiao – ... More
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Bells + Whistles have designed a "social wellness club" in Los Angeles that has been conceived to help people reset mentally and physically from the stresses of modern-day life. Remedy Place claims to be a ... More
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The Wellness Tourism Association (WTA) has broken the 100-member barrier, announcing it has partners and members in 21 countries. Launched in 2018, the WTA is a Colorado-based not-for-profit organisation with a mission to support and ... More
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Anantara has debuted in Malaysia, opening Anantara Desaru Coast and Villas in Johor. The resort features a signature Anantara Spa with six treatment rooms, which offers 24-carat gold body wraps and facials developed to deliver ... More
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Jobs   News   Products   Magazine
NEWS
US spa industry hits US$18bn in revenues
POSTED 07 Aug 2019 . BY Katie Barnes
ISPA president Lynne McNees says this is a record-setting revenue mark and that the US spa industry continues to prove itself as a thriving market
Spas across the US generated US$18.3bn (€16.3bn, £15bn) in revenues in 2018 and have seen a steady growth 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 yesterday (6 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 seen an uptake of 3 per cent – 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 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, 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 still on the march to new highs”.

The complete study will be released at the 2019 ISPA Conference & Expo, which is due to take place at The Venetian in Las Vegas on 11-13 September.

MORE NEWS
Help guests conquer sadness and binge eating, new research shows how
Spa operators could help guests reduce feelings of sadness, successfully conquer binge-eating challenges and improve self-control and discipline, using learnings from new research published in the Journal of Consumer Psychology.
Trilogy opens luxury sports-recovery spa in Colorado
Luxury alpine destination Vail Marriott Mountain Resort has relaunched its spa and wellness offering, following a US$6m resort-wide refurbishment.
Peter Staic's Hotel Arlberg renovation considers wellness down to paint, colours and materials
A year-long, €5m ($5.5m, £4.2m) renovation project at the family-run Hotel Arlberg alpine hotel and spa in Lech, Austria, has been completed, with healthy paints, calming colours and natural materials.
Spas are the top-performing hotel department, says CBRE report
Spa is now one of the top-performing departments within hotels, according to CBRE’s 2019 Trends in the Hotel Spa Industry.
First 'floating fitness studio' set to launch at Maldives resort
Luxury resort Coco Bodu Hithi has revealed plans to launch the first 'floating yoga studio' in the Maldives.
Bells + Whistles designs new concept "social wellness club" in Los Angeles
Bells + Whistles have designed a "social wellness club" in Los Angeles that has been conceived to help people reset mentally and physically from the stresses of modern-day life.
+ More news   
 
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26-29 Jan 2020

Green Spa Network Congress

The Oaks, Ojai, United States
28-30 Jan 2020

Spatex 2020

Ericsson Exhibition Hall, Ricoh Arena, Coventry, United Kingdom
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