ISPA Reveals Steady Increase in Spa Industry

The International SPA Association (ISPA) 2009 U.S. Spa Industry Update reveals a steady increase in overall spa locations, revenues, and visits. While positive, the findings are from the calendar year of 2008, which doesn’t reflect the impact the economy has had on the spa industry. “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 of us as our industry is not immune to the current economy,” says Lynne McNees, president of ISPA. “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 of 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.

• 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.

For more information on ISPA and the 2009 Spa Industry Update, visit www.experienceispa.com.