US SPA INDUSTRY HITS ECONOMIC DOWNTURN

US SPA Industry hits economic Downturn

Abstract

The recession hit spas hard. Spas describe 2009 as a "disaster". Revenues dropped 15% on the preceding year. Such a fall alarmed spas which had become accustomed to relentless expansion. Ten years of twice digit growth had directed to oversupply of spas (saturation documented by Diagonal Reports in 2007) which has made the problem worse.

Table of Contents

INTRODUCTION4

PROBLEM5

METHODOLOGY5

Research Design5

Literature Search6

Keywords6

REFERENCES7

US SPA Industry hits economic Downturn

Introduction

A spa's exquisiteness and wellness therapies so, naturally, “beauty maintenance” and “quality of life” services still explain for most spa business in the US. The top spa ...