Trends & Research

SpaFinder Releases 4th Annual "State of Spa" Travel Survey Findings

According to SpaFinder’s fourth annual State of Spa Travel survey released today, travel agents report spa travel performed surprisingly well across a depressed economy in 2009, and is clocking measurable, if modest, growth for the first half of 2010. A key finding: Despite the recovering economy, more than nine in ten travel agents report that global hotel, resort and destination spas are actually offering more, or holding firm on, special deals and low pricing in 2010 compared with 2009. Additionally, the two most powerful consumer trends this year are: 1) an increased interest in vacations/travel with a specific health/wellness focus;...

New research shows consumer interest in health and wellness on the rise

Consumers are continuing to increase spending on products for health and wellness – with a renewed focus on whole foods as a foundation, according to a new report from the Hartman Group. “More than ever, consumers view fresh, real and clean food as the foundation for health and wellness,” the market research organization reported. “Consumers believe that a fresh, real and clean diet is the first step to treating and preventing disease, supporting vitality and mental energy.” The organization carried out an online survey involving 2744 respondents to find out about US consumers’ attitudes toward health and wellness, their sources...

NMI Reports 2009 Health & Wellness Industry Sales at $125 Billion

Natural Marketing Institute (NMI) announced that retail sales within the U.S. consumer packaged goods health and wellness industry reached almost $125 billion in 2009, representing an overall growth of 5% over the previous year. This figure includes sales across all retail and direct-to-consumer channels for the six categories detailed below. These findings are part of NMI’s annual Health & Wellness Trends Database® (HWTD) research study, conducted in Q4 of 2009 among 5,607 U.S. households. While functional/fortified foods and beverages continue to represent the largest portion of sales, this category had the smallest growth rate (only 2%) over 2008. The majority...

Wellness Is No Passing Fad: Global Market Estimated at Nearly $2 Trillion, According to Landmark Study Unveiled at 2010 Global Spa Summit

Wellness is often represented as a passing fad or niche market, but a major study conducted by SRI International (SRI), released at the 2010 Global Spa Summit (GSS) in Istanbul, Turkey, reveals that the yearly worldwide wellness industry is poised to cross the $2 trillion mark. The report, titled “Spas and the Global Wellness Market,” represents one of the first analyses of the wellness industry and the consumer forces driving its growth. The study also for the first time presents wellness as an integrated industry cluster with nine core segments, adding definition to what has been an amorphous market. Global...

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...

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