05-06 Mar 2023
Excel exhibition and conference centre ,
London,
United Kingdom
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05-06 Mar 2023
Renaissance at Plano Legacy West Hotel,
Dallas,
United States
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14-15 Mar 2023
RAI Exhibition & Conference Centre,
Amsterdam,
Netherlands
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16-20 Mar 2023
Fair District,
Bologna,
Italy
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26-29 Mar 2023
Chateau Elan Winery & Resort,
Braselton,
United States
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31 Mar - 02 Apr 2023
Düsseldorf Exhibition Centre,
Düsseldorf,
Germany
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03-06 Apr 2023
La Cantera Resort & Spa,
San Antonio,
United States
|
24-25 Apr 2023
St. Martins Spa & Lodge,
Frauenkirchen,
Austria
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| US spa industry hit more than US$18bn in revenues in 2021, reports ISPA |
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| By Megan Whitby 03 May 2022 |
ISPA releases five US spa industry financial indicators every year, including revenue, spa visits, locations, revenue per visit and total employees Credit: Shutterstock/baranq
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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 |
| 1 to 12 of 8334 news stories |
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02 Feb 2023
Google has let go of 31 massage therapists after senior leadership cut its global staff base by 12,000 employees. According to California state documents, the massage therapists were laid off from four of the company’s ... More
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01 Feb 2023
GOCO Hospitality, global wellness consulting, development and management company, has appointed seasoned hospitality executive Nicholas Clayton as president of its recently-launched GOCO America divison. In this newly created role, Clayton will guide the wider expansion ... More
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31 Jan 2023
The Global Wellness Summit (GWS) has unveiled its annual trends report predicting the trends set to dominate the global health and wellness industry in 2023. Containing individual chapters dedicated to each trend, the 160-page 2023 ... More
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31 Jan 2023
A large new hot springs and spa destination is coming to downtown Palm Springs, California, this April. Located on 22 acres of sacred land owned by the Agua Caliente Band of Cahuilla Indians, The Spa ... More
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30 Jan 2023
A new think tank called the Wellness Access Institute (WAI – pronounced why) has launched to help the industry address its biggest problems and drive research-based innovation. WAI was founded by entrepreneurs Greg Macpherson and ... More
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27 Jan 2023
The Global Wellness Summit (GWS) has announced the appointment of two international wellness thought leaders to its Advisory Board. Amir Alroy is co-founder of Welltech Ventures, a leading VC fund investing in wellness and health ... More
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27 Jan 2023
Facial fitness and skincare brand FaceGym has entered the Australian market with its first bricks and mortar studio in Sydney and a new deal with Australasian beauty retailer Mecca. Established in 2014, FaceGym was started ... More
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26 Jan 2023
Spa and wellness industry thought leaders gathered yesterday (26 January) at the Grow Well webinar – hosted by We Work Well – to share their plans, vision and strategies for 2023. Hosted by Grow Well ... More
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26 Jan 2023
British skincare and spa brand Elemis has announced its new status as a Certified B Corp after almost two years of implementing changes to processes, and practices and launching new initiatives across the business. Elemis ... More
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25 Jan 2023
Recovery wellness spa franchise The Covery will expand with 15 new US locations and new partnerships in 2023 – including a destination at Texas’ iconic Trellis Spa at The Houstonian. The Covery works with a ... More
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24 Jan 2023
The Greek wellness economy was under the spotlight today at the inaugural Global Wellness Economy conference, hosted in Athens, Greece. The event sought to promote and showcase the country’s potential to become a leading health ... More
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24 Jan 2023
Planning approval has been granted for Camden Highline, a project to transform a section of disused railway into a new elevated urban park for London. Similar to the High Line in New York, US, the ... More
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| Power Plate |
| ower Plate is owned, manufactured and distributed by Northbrook, Ill.-based Performance Health
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