Research and Markets: The Spa Services Industry in the US Consists of about 14,000 Facilities with Combined Annual Revenue of over $10 Billion

DUBLIN--(Business Wire)--
Research and
Markets(http://www.researchandmarkets.com/research/656fe2/spa_services) has
announced the addition of the "Spa Services" report to their offering.

First Research is the leading industry intelligence company that helps sales
teams perform faster and smarter, open doors, and close more deals. First
Research performs the "heavy lifting" by synthesizing hundreds of sources into
an easy to digest format that a sales person can consume very quickly to better
understand a prospects business issues.

Executive Summary

Brief Excerpt from Industry Overview Chapter:

The spa services industry in the US consists of about 14,000 facilities with
combined annual revenue of over $10 billion. Other than spa facilities owned by
major hotel chains, there are no major spa services companies. The industry is
highly fragmented: most spa services companies operate a single facility with
less than $1 million in annual revenue.

COMPETITIVE LANDSCAPE

Demand for spa services is driven by personal income and demographic trends. The
profitability of individual companies depends on efficient resource use and
effective marketing. Larger companies have some economies of scale in marketing
and purchasing. Small companies compete by offering unique services, serving a
local market, and delivering a superior customer experience. The spa industry is
labor-intensive: average annual revenue per employee is less than $80,000.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major providers of spa services are day spas (70 percent of industry revenue);
resort and hotel spas (20 percent); and medical spas (5 percent). Other
providers include club spas, mineral springs spas, and destination spas. About
80 percent of the spa facilities in the US are day spas. Medical spas are
similar to day spas, but focus on services by healthcare professionals, such as
Botox injections and laser hair removal. Destination spas offer lodging and a
specific health regime, such as weight loss or detoxification programs.

The most popular spa services are full body massages, manicures and pedicures,
and facials.

Key Topics Covered:

* Industry Overview
* Quarterly Industry Update
* Business Challenges
* Trends AND Opportunities
* Call Preparation Questions
* Financial Information
* Industry Forecast
* Website and Media Links
* Glossary of Acronyms

For more information visit
http://www.researchandmarkets.com/research/656fe2/spa_services

Source: First Research

Laura Wood
Senior Manager
press@researchandmarkets.com
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