SpaCast

Global Spa Economy Estimated at $225 Billion A Year According To First-Ever Study Unveiled at 2008 Global Spa Summit

The global spa economy is estimated to be over $250 billion, according to a major report unveiled this week at the 2008 Global Spa Summit in New York.  Prepared by SRI International on behalf of The Global Spa Summit, the first-ever Global Spa Economy Report represents the most comprehensive effort yet to quantify the rapidly expanding global spa industry. More than 220 industry leaders from around the world attended this year's summit, which was highlighted by keynote speeches from hotelier Ian Schrager and Dr. Richard Carmona, 17th Surgeon General of the United States and Vice Chairman of Canyon Ranch.

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Massaging More Profits From The Hotel Spa

It is commonly understood that spas were once an afterthought for operators of hotels and resorts.  Yet as living a healthy and better lifestyle has become one of the population’s top priorities, spas have grown in popularity and are viewed as essential elements to a hotel or resort’s success rather than being just a luxury.

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Canada's Brisk Business in Spas

The Canadian Tourism Commission reports that 2,300 destination and day spas across the country welcomed more than 14 million visitors and generated $1 billion in business in 2005. The brisk competition means that wellness centres -- no matter what the size, budget, style or location -- are looking for creative approaches.

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Resort Study: Spas a Necessity, Not a Luxury

For travelers, a spa treatment – the hot stone massage, the seaweed body wrap – is a luxury, a guilty bit of pampering indulged in during a vacation or business trip.  But to any high-end hotel that hopes to stay competitive, the spa is a necessity.    The spa experience is becoming so engrained into American culture that travelers expect a state-of-the-art spa to be part of the hotel experience, like room service or valet parking, industry experts say.

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