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Spa Business Insider issue 448

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02 MAY 2024 ISSUE 448

A SPA BUSINESS PUBLICATION

US spa revenues soar to $21.3bn The US spa industry is continuing its upward trajectory, having achieved a record-breaking revenue of US$21.3 billion in 2023, surpassing the previous high of US$20.1 billion in 2022.

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■ The US spa industry experienced record growth in overall revenue and spend per visit

edition of the annual US Spa

Industry Study, conducted by PwC in collaboration with the International Spa Association (ISPA). The study delves into the core

ISPA

metrics known as the "Big Five" of

SHUTTERSTOCK/ALENA OZEROVA

This data stems from the 2024

the spa industry: total revenue, spa visits, spa locations, revenue per

ISPA president Lynne McNees

visit and industry employment.

said: “Increasing overall revenue

The study showed increases in all

and spend per visit allows spas to

of the benchmark figures but key

hire more employees and open new

findings included new records set not

locations. This year’s good news

only for revenue but also for average

will make it possible for the spa

revenue per visit in 2023, which

community to reinvest in growth.”

climbed from US$111.50 to US$117.20.

MORE >>> http://lei.sr/a6m4J_B

Spa to reopen in Q3 after extensive refresh

p05

EXPANSION

PRODUCTS

Dior unveils first branded spa in the UAE

Sothys launches new solar protection range

Spa opens at Dorchester Collection hotel

French brand introduces five-piece range

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SOTHYS

Four Seasons revamping Sacred River Spa in Bali

Lynne McNees

DORCHESTER COLLECTION

FOUR SEASONS

RENOVATIONS

This year’s good news will make it possible for the spa community to reinvest in growth

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