 |
|
|
 |
07 Aug 2019
US spa industry hits US$18bn in revenues
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.
 |
|
|
|
|
|
|
|
|
|
Connect with
World Leisure |
|
|
|
|
|
|
|
|
|
|
|
|
|
| News headlines |
|
|
 |
 |
|
19 Apr 2024
Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening. The
.... more>> |
|
|
|
 |
|
19 Apr 2024
The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in
.... more>> |
|
|
|
 |
|
18 Apr 2024
Atlanta-based boutique fitness software company, Xplor Mariana Tek, has kicked off a push for international expansion. Shannon Tracey, VP of sales
.... more>> |
|
|
|
 |
|
18 Apr 2024
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion. According to the
.... more>> |
|
|
|
|
|
 |
|
| Company profile |
|
TRP (powered by Fitronics)
Fitronics is the parent company of TRP, CoursePro and Member Experience
Awards and is part of the wider Jonas Group of Companies. We truly understand our customers' needs and challenges and become an invaluable extension of their team.
View full profile>> |
|
| Catalogue gallery |
|
|
| Featured Supplier |
|
 |
|
|
|
in this issue
• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources
|
|
|
|
|
|
|
 |
| World Leisure jobs |
 |
Centre Manager (Leisure)
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK
Company: Exeter City Council
|
|
Director of Operations
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK
Company: Active Luton
|
|
|
|
|
|
| Diary dates |
|
| Powered
by leisurediary.com |
 |
|
|
|
|
