Hotel and resort spas are the most common wellness-development projects that utilize spa consultants, according to a new infographic released by The Global Wellness Institute’s (GWI) Spa and Wellness Consulting Initiative. The initiative—which consists of more than 150 global sector consultants—surveyed over 60 spa and wellness industry consultants to release the industry’s first infographic on the various subsets of spa consultants.
While management consulting is known commodity, the subset of consultants experienced in creating and operating successful spa, wellness, and leisure venues had not been well-defined prior to the release of the graphic. “Given the continued growth and consumer interest in personal wellness,” says Lisa Starr, co-chair of the GWI’s Consulting Initiative, “our initiative was formed to provide resources to connect hoteliers and developers with accomplished professionals who can provide proper guidance so that their projects result in optimum experiences for guests and consistent revenue and margins for them as owners and/or operators.”
The survey also revealed that more than half of project engagements had an average cost of more than $1.5 million, the largest portion of new spa and wellness projects take between 12 and 18 months to complete, and the benefits of utilizing a consultant include decreased operational costs, cost savings in design, procurement, and training, and expenses are outweighed by increased speed and profitability. Overall, the survey proved spa and wellness consultants bring expertise to guide business planning, human resource practices, and site development.
Take a look at the infographics below. For more information, visit www.globalspaandwellnessconsultants.com.