
If you're like most hotel and resort developers, it is likely that your site(s) already have or will have a reasonably sophisticated exercise or fitness center for your guests and/or members. But have you considered adding spa services as well? Growth in the spa industry over the past five years has been dramatic to say the least. A few statistics are worth considering. The spa business is today the fourth largest leisure industry in the U.S. with over $11 billion in annual revenues. There are an estimated 12,000 spas in the U.S. (inclusive of resort and hotel spas, day spas, medical spas and destination spas) which is up 25% from only three years ago. Consumers can now find spa treatments at hotels and resorts, doctor's and dental offices, health clubs, airports, cruise ships and malls. Women account for slightly more than 70% of the market, but spa utilization by the male population has been growing at a rapid rate during the past several years. Currently, about 20% of all spa goers are 55 years of age and older, but the average age of the spa consumer is 40. READ MORE