International Spa Association Releases U.S. Spa Industry Study
At the ISPA event in New York City on August 18th, I not only got to sample some excellent treatments from the 12 spa attendees (see yesterday’s post), I also picked up the results of the ISPA 2011 U.S. Spa Industry Study.
In spite of a lousy economy, the spa industry is generally healthy, with revenue increasing 4.3% from last year, to $12.8 billion. Spa visits were up 4.7%, 150 million from 143 million. Locations, however, were down 3.3%, a reflection of the closing down of many small businesses. Square footage, however showed only a 0.3% decline.
Total employees increased 2.0%, representing full-time staff; part-time and contract employees were down, 2.2% and 2.8%, respectively.