The International SPA Association (ISPA) recently released its preliminary 2007 figures on the United States spa industry. The results show that, althought the number of spas is still growing, overall revenues are down. The revenues from day spas--which represent 80% of all spas--declined significantly. Here are the preliminary findings:
Number of Spas in the United States, 2007:
There were an estimated 14,615 spas in the United States in August 2007, up 6% from 13,757 spas in August of 2006. There were 10,128 spas in April of 2004.
While the number of spas is still growing, the rate of growth is slowing.
Numbers of Spa By Type, 2007:
The number of day spas, resort/hotel spas, medical spas and destination spas all increased between 2006 and 2007. The number of club spas and mineral springs spas decreased.
11,736 day spas in the U.S., 80% of the total.
1,345 resort and hotel spas, 9% of the total.
976 medical spas, 7% of the total.
428 club spas, 3% of the total.
51 mineral springs spas, 0.4% of the total.
79 destination spas, 0.5% of the total.
Annual Revenues of the Spa Industry:
While there were more spas in the U.S., revenues actually fell 3.4% from $9.7 billion in 2005 to $9.4 billion in 2006. Revenues at medical spas more than doubled.
Annual Revenues By Spa Type:
Day spas : $5.294 billion in 2006, down from $6.794 billion in 2005.
Resort and hotel spas: $2.499 billion, up from $2.026 billion.
Medical spas: $1,063 billion, up from $469 million.
Club spas: $242 million, up from $209 million.
Number of Visits to U.S. Spas
There were 110 million spa visits in 2006, a 16% decline from the 131 million spa visits in 2005.
Number of Employees in the U.S. Spa Industry
The number of spa employees also declined.
There were 234,588 total spa employees in July 2007, compared to 267,400 total spa industry employees in August, 2006. Most of the decline was in part-time employees.
118,078 of the employees were full-time, 73,648 were part-time, and 42,862 were contract employees.
There were 215,200 total spa industry employees in April 2004.
The International SPA Association (ISPA) released its preliminary 2007 figures on the United States spa industry in August of 2007. Final figures will be released in November.