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Spa Studies in the News
Intelligent Spas Publishes First Global Spa
Benchmark Report
Singapore, 4 June 2009 - Intelligent
Spas published the first-ever Global Spa Benchmark Report which presents a
plethora of financial statistics for the global spa industry and includes breakdowns
of key performance indicators by region for the Americas, Europe, Middle East/Africa
and Asia Pacific. This unprecedented statistical report contains
over 1,850 spa industry benchmarks relating to revenue, expenses, visits and employment,
with many topics showing historical data available from 2005 to 2008, plus forecast
data for 2009 and 2010. The benchmarks are comparable across the entire spa industry
due to the consistent methodology implemented and the some of statistics and benchmark
ratios featured in the report include: Treatment
Room Occupancy Average Treatment Rate Average
Revenue per Visit Revenue per Available Minute Therapist
Productivity Rate Repeat Visitation Rate Capture
Rate of Hotel Guests Breakdown of Total Revenue
including retail revenue Breakdown of Total Expenses Visitor
Profiles by Gender, Age and Residence
The
comprehensive report also presents a collection of other spa industry intelligence
including: Spa business models
describing ownership, business structure, management structures. Spa
infrastructure covering spa size, space breakdown, treatment rooms and stations,
standard support facilities versus water-based support facilities. Spa
menus such as variety of hydrotherapy and water-based treatments offered and the
range of treatments practiced. Spa industry trends
relating to clients and products.
"Business
intelligence is a vital reference for those responsible for the operational or
financial performance of their spa or spa-related organisation" ~ Julie
Garrow, Managing Director, Intelligent Spas ~ Impact of
the Global Financial Crisis on the Spa Industry The research
confirmed the spa industry is not immune to the affects of the global financial
crisis, with operators receiving 13% less visits in 2008 compared to their original
forecasts, although revenue achieved was 8.5% higher than expected. Predictions
for 2009 revenue and employment have been revised down by 9.4% and 15% respectively,
however the outlook for 2010 is more positive with all major regions predicting
increases in average revenue and visits per spa. A summary
of key spa benchmark ratios includes: 
Other
findings from the global survey included: The average
spa treatment rate achieved by spas globally in 2008 was USD90. Europe achieved
the highest rate of USD111 and Asia-Pacific received the lowest average rate of
USD77. The average size of a spa facility was
788 metres (8,487 square feet) and spas contained nine treatment rooms on average. Employees
per spa averaged 22.9, with the Americas averaging the most (33.8) and Europe
the fewest (13.6). 50% of total spa revenue was
spent on salaries, bonuses and employee benefits, 9% on operations/maintenance,
4% on marketing and management and 2% on training. Across
the globe, the day spa guest has become a critical target market for hotel and
resort spas with 38% of total spa visits at hotel spas coming from local residents
and other tourists not staying at that hotel. In Europe and the Middle East/Africa,
just 53% percent of hotel spa visits were from in-house guests. The
region with the largest percentage of outsourced spas (using a management company)
was the Americas at 32%, almost three times higher than the other three regions. All
regions are expecting decreases in average annual revenue per spa during 2009,
however the outlook for 2010 is brighter with all regions expecting growth between
8% and 32%.
Julie Garrow, Managing Director of
100% independent research company Intelligent Spas (www.IntelligentSpas.com)
stated "after eight years conducting spa industry research within the greater
Asia Pacific region, we are thrilled to provide global statistics for this very
essential industry. This type of business intelligence is ideal for anyone interested
to learn more about the spa industry and is a vital reference for those responsible
for the operational or financial performance of their spa or spa-related organisation." Intelligent
Spas' Global Spa Benchmark Program is currently underway in over 60 countries
and aims to produce reliable and comparable statistics to help spas maximise their
performance, provide business intelligence to assist other organisations to better
understand, service and support the spa industry plus generate greater awareness
of the spa industry to increase spa visits. The Global Spa
Benchmark Report incorporates a selection of results from Intelligent Spas' Global
Spa Benchmark Program. An unprecedented response of over 1,270 validated spa businesses
contributed to this report. Note: Intelligent Spas does not conduct anonymous
surveys. Each respondent must identify themselves, comply with Intelligent Spas'
benchmark definition of "spa" and pass numerous screening criteria to
qualify. These practices enable high quality research to be conducted. Intelligent
Spas' 100% independence policy ensures all individual survey data submitted by
spas is not used for any other purpose, whatsoever. To join Intelligent Spas'
free Global Spa Benchmark Program, click here to register now. Intelligent
Spas is the only 100% independent research company specialising in the spa industry.
Founded in Singapore in 2001, it has pioneered spa industry research in the greater
Asia Pacific region and continues to publish a range of Spa Operations Manuals
and Spa Benchmark Reports to assist the performance and growth of this essential
industry. The first-ever Global Spa Benchmark Report is available
for purchase from www.IntelligentSpas.com. |
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