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Spa Studies in the News
ISPA Releases 2009 U.S. Spa Industry Statistics
LEXINGTON, Ky. - July 1, 2009 - The International
SPA Association 2009 U.S. Spa Industry Update reveals a steady increase across
the board in overall spa locations, revenues and visits. While this may seem unexpected
given the current economic climate it's important to keep in mind that these numbers
are from the calendar year of 2008, the first half of which was very profitable
for many spas. Geoff Thacker, Managing Partner of the Association
Resource Centre suggests that, "Spa owners are starting to feel the impact
of recent economic events." The annual study, conducted for nine consecutive
years by Association Resource Centre Inc., is reflective of the entire U.S. spa
industry. ISPA invests each year in continually developing and updating an extensive
inventory of spas through a spa industry census within the U.S. to assure that
ISPA research is representative of the industry as a whole, and is of the highest
quality. "We are pleased to report that 2008 was another
year of growth for the spa industry, but we know that we have a tough road ahead
as our industry is not immune to the current economy," said ISPA President
Lynne McNees. "Even though the number of spa locations are up, at a per spa
level revenues and visits are slightly down and showing the early effects of the
economic downfall." 
Key
findings from the 2009 Spa Industry Update include:
Overall
industry revenues continued to grow at an annual rate of 17.8 percent, while at
a per spa level revenue experienced a slight decline.
Day
spas continue to dominate the industry at 79 percent of total spas.
ISPA members average more revenue, visits, employees and space by significant
margins.
When looking at spas by type, the
number of medical spas continues to grow at the fastest rate. Since July 2007,
the number of medical spas has grown by 85 percent, further proof that this spa
type is still a notable part of the industry.
The
number of locations in the U.S. has experienced a five year average growth of
17 percent.
In addition to the Spa Industry
Update, ISPA keeps up with the latest developments in the industry by conducting
monthly member surveys to gauge trends in the global spa community. In June 2009,
46 percent saw an increase in the number of shorter treatments (30 minutes or
less) booked, and 48 percent of ISPA members reported a decrease in the amount
spent per visit when compared to the same time last year. While people are still
frequenting the spa, consumers are opting for shorter less expensive treatments
to help fit their budget, while still investing in their overall wellness. To
view the full ISPA 2009 U.S. Industry Update including a breakdown by spa type
click here. About
the Association Resource Centre Inc.
The Association Resource Centre Inc. is
a full-service management consulting firm that specializes in meeting the diverse
needs of the not-for-profit sector. Through its Research and Strategy Division,
the firm provides a broad range of research services to associations and to the
members they serve. The Association Resource Centre's extensive background in
governance, strategic planning and association research enables it to interpret
the data it receives and to provide insightful analysis as to what the data means.
More details on Association Resource Centre Inc are available on http://www.associationconsultants.com/. About
ISPA
ISPA is recognized worldwide as the leading professional organization
and voice of the spa industry. Founded in 1991, ISPA advances the spa industry
by providing invaluable education, global research and networking opportunities,
promoting the value of the spa experience and speaking as the authoritative voice
to foster professionalism and growth. More details on ISPA are available on www.experienceispa.com. Spas
are places devoted to enhancing overall well-being through a variety of professional
services that encourage the renewal of mind, body and spirit.
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