Issue link: https://www.massageandbodyworkdigital.com/i/1501042
L i s te n to T h e A B M P Po d c a s t a t a b m p.co m /p o d c a s t s o r w h e reve r yo u a cce s s yo u r favo r i te p o d c a s t s 17 KNEAD TO KNOW Spa Industry Experienced Upswing in Revenue and Staffi ng Findings from the "2023 ISPA US Spa Industry Study" indicated continued industry growth after the previous year's initial recovery from a COVID-era downturn. The study revealed that US spa industry revenue grew from $18.1 billion in 2021 to $20.1 billion by the end of 2022, an increase of more than 11 percent. The revenue fi gure set an all-time industry record, outpacing the previous high of $19.1 billion in revenue realized in 2019. Continuing the report's good news, the total number of US spas reversed a downward trend that started in 2020 and persisted into 2021. In 2022, the industry added 280 locations over the prior year's fi gure. The number of spa visits grew from 173 million in 2021 to 181 million. Revenue per spa visit increased by $7 for the second time in year-over-year numbers, settling at $111.50—another all-time high. The number of industry employees also continued to rise in 2022, increasing 4.6 percent from 2021 to 360,700 total employees. The ISPA study presents the "Big Five" spa industry statistics: total revenue, total spa visits, number of spa locations, revenue per visit, and total number of US spa industry employees. The ISPA Foundation commissioned PricewaterhouseCoopers (PwC) to conduct the study. Read more at abmp.com/ updates/news/spa-industry- experienced-upswing-revenue-and- staffi ng. New Jersey Student Receives ABMP $5,000 Scholarship Each month, one lucky participant is randomly selected for a $5,000 scholarship for the Associated Bodywork & Massage Professionals (ABMP) $5,000 Monthly Student Scholarship. Shawna from the Center for the Healing Arts in Voorhees, New Jersey, was selected as the recipient for the month of April. Learn more about Shawna and the ABMP Student Scholarship at abmp.com/updates/ news/abmp-invests-future-massage- bodywork-profession-enhanced-scholarship- students. Back Jam CE Courses and Home Study Available Online ABMP was proud to sponsor the Massage Mentor Institute's Back Jam event in May 2023. Diane Matkowski hosted the online event, which included back-centered courses from instructors Judith Aston, Aubrey Gowing, Sue Hitzman, Paul Kelly, Diane Lee, Whitney Lowe, Til Luchau, Tom Myers, Heath and Nicole Reed, Benny Vaughn, and James Waslaski. The Back Jam is the latest in a series of Jam Events, including the Shoulder Jam, Hip Jam, and Neck Jam. If you missed the live event, home study courses and CE can be purchased at massagementor institute.com. 11.1% 1.3% 4.1% 6.7% 4.6% Total revenue Number of spa visits Number of spa locations Revenue per visit Total employees