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Industry Research Released on China, Hong Kong and Vietnam
Posted: August 5, 2008
Intelligent Spas' new research on the spa industry in mainland China and Hong Kong identified total revenue and employment have grown by more than 1,000% since 2002. Revenue generated in 2007 was in excess of $185 million and spas employed more than 6,000 people.
The research also found:
* The number of spas in mainland China and Hong Kong has grown by more than 500% since 2002, with 190 spas now open and operating, and the industry forecast to grow by at least 20% between 2008 and 2010.
* 65% of all spas operating in mainland China are located in hotels or resorts. In comparison, just 16% of Hong Kong spas were operating in hotels or resorts.
* More than 2,041,000 people visited spas in mainland China and Hong Kong during 2007.