Spa Services 2022 PowerPoint Presentation

The Business of Wellness In its 2022 Wellness Real Estate Report, RLA Global highlights two trends expected to continue influencing wellness and real estate: The appeal of branded residences and the post-COVID demand for real estate in less crowded, non-urban environments. The average total revenue per available room (TRevPAR) during 2021 was still 35% less than pre-COVID levels at properties with significant wellness offerings, 44% less than at hotels with minor offerings and 55% less than at hotels with no wellness offerings. Despite pandemic challenges, the annual 2022 US Spa Industry Study conducted on behalf of the International Spa Association (ISPA) shows spas across the United States generated $18.1 billion in revenue during 2021, a 50% YOY increase.