2019 US Spa Industry Study 2019 US Spa Industry Study | Page 13

Spa Revenues Now into its ninth successive year of expansion, the spa industry posted a solid growth performance in 2018. Total spa revenues for 2018 are estimated at $18.3 billion, an increase of $0.8 billion (+4.7%) on total revenue in 2017 ($17.5 billion). Spa industry revenues have now passed the $18 billion threshold and, with average revenue per spa establishment reaching $826,000, the 2018 out-turn represents a further positive step forward for the industry. Total spa revenue in the U.S. (billions) $20.0 $18.0 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 $7.6 $7.0 $9.7 $9.4 $10.9 $14.0 $12.8 $12.3 $12.8 $13.4 $14.7 $15.5 $16.3 $16.8 $17.5 $18.3 $4.2 1999 2001 2003 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Average revenue per establishment (thousands) $1,200 $1,000 $1,004$1,024 $709 $726 $800 $600 $624 $607 $602 $594 $826 $773 $788 $803 $728 $749 $701 $641 $673 $400 $200 $0 1999 2001 2003 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Introduction Industry Size: Performing Strongly Spa Services and Facilities Spa Industry Profile Technical Appendix Page 12