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Industry Research Released on China, Hong Kong and Vietnam
Posted: August 5, 2008
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* Spas in China are designed with the largest indoor space compared to other spa markets across the greater Asia Pacific region.
The new China & Hong Kong Spa Benchmark Report 2002-2010 also includes benchmark ratios such as daily revenue per spa, revenue per square meter and employees per treatment room, capture rate from hotel and resorts co-located with spas, plus profile benchmarks detailing infrastructure, business models and treatments and current industry trends.
“These new benchmarks are timely given the changes occurring in China's tourism, hospitality and leisure industries and will provide spas and other businesses operating in the spa industry with valuable information to help guide them through potentially volatile times once the Olympic Games are over,” explained Julie Garrow, managing director of the independent research company Intelligent Spas.
Intelligent Spas has also released the results of Vietnam's first spa industry survey, identifying that this emerging market generated more than $9 million in revenue and delivered services to more than 428,000 spa visitors during 2007.
The research also found: