2019 US Spa Industry Study 2019 US Spa Industry Study | Page 19

Recent Demand Trends For the majority of spas (72%), revenues were increasing in the six months from September 2018 to March 2019. Staffing levels were mostly stable, with 25% reporting an increase and 10% a decrease, leaving 65% with an unchanged workforce. Over seven in 10 spas (72%) said that revenues had increased in the six months from September 2018 to March 2019 compared to the same period in the previous year. Fewer than one in 10 (8%) reported a decrease, giving a positive net balance of +65%, up from +55% in the six-month period September 2017 to March 2018. One in four spas (25%) said they had increased staffing levels in the last six months compared to the same period in the previous year with 10% reporting that their staffing levels were decreasing. While there was a positive net balance (+15%), the majority of spas (65%) said that their staffing levels had remained unchanged in the six months to March 2019 compared to the same period in the previous year. Revenue 80 70 61 60 50 40 30 67 60 Staffing 70 76 69 69 72 70 58 60 60 50 46 40 38 24 22 20 25 30 21 18 18 11 10 20 14 8 43 40 49 46 40 37 33 31 26 25 18 14 19 18 18 20 26 25 10 10 0 0 Increase Introduction Decrease Net balance Industry Size: Performing Strongly Increase Spa Services and Facilities Spa Industry Profile Decrease Net balance Technical Appendix Page 18