Trends & Research

US Spa Market 2010

Economic downturn hit spas – accustomed to years of double digit growth - hard. Spas now enter a more mature growth phase Science' and 'organic' brands have displaced 'beauty' brands in the spa channel and account for most sales Maintenance beauty replaces luxury treatments. Compact spa services attract the more convenience-oriented clients. The recession hit spas hard. Spas describe 2009 as a 'disaster'. Revenues fell 15% on the previous year. Such a drop shocked spas which had become accustomed to continuous expansion. A decade of double digit growth had led to oversupply of spas (saturation noted by Diagonal Reports in...

Spa Benchmarking Tool Now Available from the International SPA Association

The International SPA Association (ISPA) and Smith Travel Research (STR) are pleased to announce that the Spa STAR report, a benchmarking tool for all types of spas, is now available. The report will aid spas in making well-informed and more profitable operating decisions. The online Spa STAR report allows spas to enter in data in three main categories: treatments (such as massages and facials), salon (such as manicure, pedicure and hair) and retail. Every month STR will track nine performance metrics including: Total number of treatments. Total amount of treatment revenue. Total number of treatment room hours available. Total number...

Luxury Marketers Will Find It Harder to Outperform the First Quarter in the Second

Unity Marketing's exclusive Luxury Consumption Index dropped back from 86.9 points, the highest level reached since September 2007, to 77.6 points. Commenting on the backward slide the LCI, Pam Danziger, president of Unity Marketing said, 'The rise in the index back in January was a result of new year optimism. Even though the index dropped 9.3 points in April, it is still higher than it was in October 2009. Thus there is every indication that the recovery as measured by luxury consumer confidence is slowly but surely on track. Yet the decline does predict a slow down in luxury expenditures.'...

Mother's Day Will be the Second Most Important Gift Holiday this Year after Christmas

The message is the same for devoted offspring and smart marketers alike: On May 9 this year, don’t forget about Mom! Mother's Day is the second most important gifting holiday, on which over half of all gifters purchase a gift. That puts Mother's Day right behind Christmas in gifting popularity, according to a new research study from Unity Marketing's The Gifting Report 2010: The Ultimate Guide to the Consumer Gift-Giving Market. This report presents an in-depth view of consumers' gift buying and giving behavior for holidays and gift occasions like birthdays and anniversaries throughout the year based upon a survey...

Beauty and personal care: 2009 in review and beyond

2009 was a difficult year for the beauty industry, with growth in nearly every category being lower than that of the previous year. Growth in the global beauty and personal care market slowed to 4% in 2009, down from 5% in 2008. This was a result of increased price sensitivity and cutbacks in consumer spending, fuelling demand for cheaper brands and private label products. There were sharp declines in selected leading countries and sectors such as fragrances in North America and skin care and colour cosmetics in Japan. This was, however, offset by buoyancy in emerging markets due to their...

New Portrait of American Travelers Reveals 'Staycations' Are On The Rise

One of the consequences of the Great Recession was the emergence of a new form of leisure travel called a 'staycation,' or the propensity of individuals to select a vacation destination closer to home as an alternative to traveling to a more distant destination, presumably as a result of budgetary constraints at the household level. Fully one in four U.S. leisure travelers with an annual household income over $50,000 took at least one overnight leisure trip/vacation within a 50-mile drive radius of their home during the previous twelve months as an alternative to vacationing in a destination that would have...

ABMP Releases New Data on Massage Therapist Population

The number of massage therapists in the United States has grown by more than 16,000 in the past two years, according to new research by Associated Bodywork & Massage Professionals (ABMP). The biennial research has been conducted by ABMP since 1998. According to ABMP, the number of U.S. massage therapists as of January 2010 was 293,531. This represents an increase of 5.4 percent from the last estimate of 278,089, conducted in January 2008. The figure was based on state licensing lists and estimates from primary membership organizations and state populations. General receptivity to massage in particular regions was also considered...

LOHAS Market-Size Data Released: A $290 Billion Opportunity

In honor of Earth Week, Natural Marketing Institute (NMI) is pleased to announce results of its latest analysis of consumer spending in the LOHAS market. LOHAS is an acronym for 'Lifestyles Of Health And Sustainability' and describes an integrated, rapidly growing market for goods and services that appeal to consumers who have a meaningful sense of environmental and social responsibility and incorporate those values into their purchase decisions. The results of this review indicate that consumers spent almost $300 billion on LOHAS products and services in 2008. According to NMI LOHAS Business Director, Gwynne Rogers, 'The first Earth Day was...

ISPA Members Serious about Sustainability

It seems like everyone is claiming to be 'green' these days, but what does it really mean to be eco-friendly? With 82 percent of International SPA Association member spas offering recycling programs, 94 percent offering an organic product and 57 percent reporting they have an organic treatment on their spa menu, it's easy to see that the spa industry is serious about sustainability. The 40th anniversary of Earth Day, April 22, is the perfect time to educate yourself on the green practices that spas have implemented throughout the years, as well as celebrate the 20th anniversary of ISPA and its...

Use of Complementary and Alternative Medicine Common in Pediatric Cancer Patients

The landscape of medicine has been dramatically changing over the past several decades. A survey published in 1994 revealed that over 60% of medical doctors from a variety of specialties recommended CAM to their patients at least once. In addition, 47% of the same doctors reported using CAM themselves. In 1997, Americans spent more than $27 billion on CAM therapies, exceeding out-of-pocket spending for all U.S. hospitalizations. In 1998, the Journal of the American Medical Association published an article in which CAM use by the general public was found to have increased from 34% in 1990 to 42% in 1997...

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