16 MAY 2023 ISSUE 423
A SPA BUSINESS PUBLICATION
US spas hit record $20bn in revenue CLICK TO READ
ISPA unveiled its five key US spa industry financial indicators from its 2023 US Spa Industry Study during its 2023 Conference and Expo.
statistics are revealed annually and include total revenue, spa visits, number of spa locations, revenue per visit and total US spa employees. The most significant finding was that the industry revenues grew 11.1 per cent from US$18.1bn
■ Spa visits grew from 173 million in 2021 to 181 million in 2022
ISPA
(€16.5bn, £14.3bn) in 2021 to
SHUTTERSTOCK/PEOPLEIMAGES.COM - YURI A
Known as the “Big Five”, these
US$20.1bn (€18.3bn, £15.9bn). in 2022, increasing to 360,700, a
The figure is an all-time record,
4.6 per cent increase over 2021.
outpacing the previous high of US$19.1bn (€17.4bn, £15.1bn) from 2019.
“The spa industry is making up for
Continuing the good news, the total
lost time,and revenue growth of 11.1
number of spas increased by 280 in
per cent is the spotlight statistic,” said
2022 over the prior year’s figure.
ISPA president Lynne McNees of the
The spa industry is making up for lost time
numbers from PricewaterhouseCoopers.
Lynne McNees
The number of industry employees also continued to rise
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