The International Spa Association (ISPA) has released its 2010 U.S. Spa Industry Study, which was conducted in partnership with one of the world’s leading research organizations, PricewaterhouseCoopers (PwC). Each year ISPA closely monitors five key statistics, including revenue, spa visits, locations, total employees, and square footage, all of which help gauge the performance of our industry. Check out the results here:
“These numbers illustrate that the great recession has left virtually no industry untouched,” says Colin McIlheney, global research director at PwC. “After many years of very rapid growth, all five of the key measurement statistics for the spa industry show a decline after 2008. However, many in the industry who took part in the ISPA survey report that they have been proactive in taking measures to combat the impact of the recession. Respondents are indeed cautiously optimistic about the future while also recognizing there are still challenges to face.”
What do you think of these numbers, and what have you been doing to help survive the recent recession? Share your ideas here!