Pulse July 2020 | Page 72

SNAPSHOT SURVEY BY JAMISON STOIKE QUARTERLY PERFORMANCE/COVID-19 APRIL 2020 l l l KEY TAKEAWAY: SHAKESPEARE SAID THAT BREVITY IS THE SOUL OF WIT, and this month’s key takeaway is as brief as can be: 99 percent of spa respondents were closed at the time of the survey. The effect of the COVID-19 pandemic on the spa industry has been profound. Only 8 percent of respondents have made no changes to their staffing levels. Resort/hotel spas were more likely to furlough employees (68 percent), while day spas were more likely to have laid off employees (49 percent). Approximately one in five spa respondents implemented salary reductions. This Snapshot Survey also covered quarterly performance, which was—until mid-March, generally—strong for most respondents. Even with shutdowns, 43 percent of spa respondents saw revenue increase in Q1 year-over-year. Compared with previous Snapshot Survey results, however, that number is meager: last year, 83 percent of respondents indicated their Q1 revenue rose year-over-year. of spa respondents were closed at the time of the survey of spa respondents saw revenue increase in Q1 MENU MAKEOVER MANY SPAS ARE USING MANDATORY CLOSURE as a time to tackle tasks too time-consuming to typically undertake. Most commonly, ISPA members are reworking their menus in response to shifting consumer expectations after COVID-19. Here’s a sampling of what they’re adding to their list of services: l “Launching spa self-serve option for guest, focusing on meditation and including meditation within new services. l “Increasing outdoors fitness classes and massages.” l “Select menu options such as two types of massage [and] few facial treatments to start with. Simplified menu to minimize back expense and allow the team to recalibrate to the ‘new’ operational flow.” l “Will add Reiki to the menu. Removing hot stone massage. Remove the steamer in facials. No double services or spa parties.” 60 PULSE ■ JULY 2020