Pulse September 2018 | Page 72

PulsE PoiNts 2018 ISPA U.S. Spa Industry Study: Steady Growth Continues CALL IT CHRISTMAS IN AUGUST. After diving deep into the statistics shared by participants, Pricewaterhouse Coopers (PwC) unveiled the 2018 ISPA U.S. Spa Industry Study “Big Five” statistics at the ISPA East Coast Media Event last month. Now in its 19th year, the ISPA U.S. Industry Study is conducted on behalf of the ISPA Foundation and looks at five key areas: total industry revenue, spa visits, revenue per visit, the number of spa locations and employee counts. These figures combine to tell us a lot about the health of the spa industry. Findings showed continued spa industry growth, with revenue reaching a record high $17.5 billion in 2017 — a 4.3 percent year-over-year increase. n U.S. SPA INDUSTRY EMPLOYEE COUNTS 2018 (MAY) 2017 (MAY) PERCENT CHANGE Total Employees 372,100 365,200 1.9% Full-Time 170,900 165,800 3.1% Part-Time 173,900 164,500 5.7% Contract 27,300 35,000 -22.0% 70 PULSE ■ September 2018