Data from the International Spa Association’s (ISPA) 20th ISPA US Spa Industry Study, performed by PricewaterhouseCoopers, shows that spas across the US generated US $18.3bn in revenues in 2018.
American spas have seen a steady growth, with revenues increasing by 4.7% between 2017 and 2018. Revenue per visit has seen an uptake of 3% from US $93.70 to US $96.50 over the same period.
ISPA president Lynne McNees says: “We’re grateful to once again report record growth for the spa industry with 2018, marking a record high US $18.3bn in revenue. The spa industry continues to prove itself as a thriving market with limitless potential.”
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.
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 US. 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.
The complete study will be released at the 2019 ISPA Conference in Las Vegas on 11-13 September.
.gif)
