2019 US Spa Industry Study ExecSummary2019

This is a summary of the findings from the 2019 U.S. Spa Industry Study. The study was commissioned by the International SPA Association (ISPA) and undertaken by PricewaterhouseCoopers International Survey Unit. The study presents a picture of the spa industry in 2018. This year also marks the 20th anniversary of this invaluable industry research initiative. THE INDUSTRY IN 2018: SOLID GROWTH Now into its ninth successive year of expansion, the spa industry posted a solid growth performance in 2018. Total spa revenues for 2018 are estimated at $18.3 billion, an increase of $0.8 billion (+4.7%) on total revenue in 2017 ($17.5 billion). Spa industry revenues have now passed the $18 billion threshold and, with average revenue per spa establishment reaching $826,000, the 2018 out-turn represents a further positive step forward for the industry. 2017 (Year End) 2018 (Year End) % Change Revenue $17.5 billion $18.3 billion 4.7% Spa Visits 187 million 190 million 1.6% Locations 21,770 22,160 1.8% Revenue per visit $93.7 $96.5 3.0% 2018 (May) 2019 (May) % Change Total Employees 372,100 377,900 1.6% Full-Time 170,900 172,00 0.6% Part-Time 173,900 178,500 2.6% Contract 27,300 27,400 0.4% In 2018, spa openings out-paced spa closures by a margin of 400, bringing the number of spa locations to a record level of 22,160, representing a 1.8% increase on the 2017 position (21,770 locations). The total number of visits to spa establishments is estimated to have risen from 187 million in 2017 to 190 million in 2018 (+1.6%). | experienceispa.com 1