2016 ISPA U.S. Spa Industry Study Executive Summary

This is a summary of the findings from the ISPA 2016 U.S. Spa Industry Study. The study was commissioned by
the International SPA Association Foundation and undertaken by PricewaterhouseCoopers Research to Insight
(r2i). The study presents a picture of the spa industry in 2015.

The industry in 2015: Forging Ahead
In 2015, the U.S. economy continued to expand. As measured by the Gross Domestic Product (GDP), the growth in
the level of economic activity nationwide averaged 2.4% in 2015, unchanged from the 2014 growth rate (+2.4%).
Personal consumption expenditure rose by 4.7% in cash terms and 2.8% after adjusting for inflation.
Similar to the national trend, the spa industry also experienced continued growth in 2015. Total revenue is
estimated to have increased by 5%, up from $15.5 billion in 2014 to $16.3 billion in 2015. The increase in spa
revenues was driven by a rising number of spa visits (+2.1%) combined with increased revenue per visit (+2.9%)
and expansion in the number of spa locations (+1.8%).

2014 (Year End)

2015 (Year End)

% Change

Revenue

$15.5 billion

$16.3 billion

5.0%

Spa Visits

176 million

179 million

2.1%

Locations

20,660

21,020

1.8%

$88

$91

2.9%

Revenue per visit

2015 (May)

2016 (May)

% Change

Total Employees

360,000

359,300

-0.2%

Full-Time

153,800

162,000

5.3%

Part-Time

164,500

157,800

-4.1%

Contract

41,700

39,500

-5.3%