Pulse June 2020 | Page 26

PULSE POINTS BY JOSH CORMAN CONSUMER CONFIDENCE IN SPA PULSE HAS RECENTLY FOCUSED ON the spa industry’s response to the COVID-19 pandemic and how it is planning for the future. Of course, recognizing how spa owners, managers and resource partners have dealt with the challenges posed by the pandemic is vital for charting the industry’s path forward. But charting that path also requires a solid grasp of the ways in which spa-goers— and consumers in general—plan to respond as spas reopen and their lives return to normal. In April of this year, ISPA conducted a survey in order to better understand those plans, and the results provide several notable insights into consumers’ thinking. For example, more than a quarter (29 percent) of respondents cited “investing in self-care, i.e. visiting a spa or going to the gym” as one of their top three priorities following the COVID-19 crisis. Perhaps even more heartening for the industry are the expectations consumers have for their own spending during spa visits. More than 80 percent of all respondents said they planned to spend as much or more money on spas following the end of the pandemic, while nearly 85 percent said they would spend as much or more on beauty products, suggesting a strong appetite for spa services and retail offerings in the weeks and months following spas’ reopening. High demand is great news for spas and resource partners alike, but throughout the coronavirus crisis, uncertainty about when and under what conditions consumers would feel safe returning to their old habits has persisted. On that front, results are more mixed. When asked how nervous they would be about visiting a spa once the coronavirus situation has improved and businesses reopen, only 28 percent of respondents said they 22 PULSE ■ JUNE 2020