2019 US Spa Industry Study 2019 US Spa Industry Study | Page 23

Profitability The detailed profit percentage results indicate that, in resort/hotel spas, in 2018 the most frequently reported profit percentage was in the range 20.1%-25% (18% of spas). Most notably, however, the distribution of spa profit percentages was skewed towards the 25.1% and above ranges. Excluding the resort/hotel sector, the most frequently cited profit percentage before fixed charges was 10.1-15% (28% of spas). One in four (25%) reported a profit percentage in the range 15.1-20%. Spa profit percentage, 2018 - Resort/hotel spas 35%+ 11 30.1%-35% 16 25.1%-30% 15 20.1%-25% 18 15.1%-20% 14 10.1%-15% 6 5.1%-10% 9 0%-5% 6 Net loss 6 Percent of spas Profit percentage before fixed charges, 2018 (All spas excluding resort/hotel spas) 35%+ 30.1%-35% 4 3 25.1%-30% 4 20.1%-25% 10 15.1%-20% 25 10.1%-15% 28 5.1%-10% 14 0%-5% Net loss 7 3 Percent of spas Introduction Industry Size: Performing Strongly Spa Services and Facilities Spa Industry Profile Technical Appendix Page 22