Figures from The International Spa Association’s (ISPA) annual report, conducted by PricewaterhouseCoopers (PwC), show that the US spa industry’s total revenue increased by 4.3 per cent in 2017.
The report, which covers five key financial indicators – revenue, number of spa visits, number of spa locations, revenue per visit and total employees – revealed the total revenue of the American spa industry was US$17.5 billion at the end of last year.
The number of spa visits grew by 1.6 percent to 187 billion, while revenue per visit jumped up from $91.3 in 2016 to $93.7 in 2017 – a 2.7 per cent rise.
The total number of spa employees rose by 1.9 per cent from 365,200 in 2016 to 372,100 in 2017.
Colin McIlheney, global research director at PwC, says: “What is most striking is that every one of the key metrics has reached all-time record levels. Perhaps the one that catches the eye most is that there were more than 500 new spas open for business right across the United States in 2017. This is rapid growth by any standard and is evidence of an industry in robust health.”
The complete study will released at the 2018 ISPA Conference & Expo on September 24-26 in Phoenix, Arizona.
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