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Spa industry in the Philippines receives enormous growth
Wednesday, November 15, 2006
Intelligent Spas has conducted the inaugural survey of spa facilities in the Philippines and found the industry has grown 74% since 2003, with 87 spas currently open and operating. The research achieved an excellent response rate of 54% of all spas in the Philippines, enabling very reliable industry benchmarks to be calculated. The report, entitled Spa Industry Profile Philippines 2003-2007, features over 500 quantitative statistics on the Philippines spa market as well as supporting qualitative trends and observations from spa owners and managers. It is a valuable tool for businesses competing in, or supporting the Philippines’ spa industry, to more accurately develop and plan spa-related products, services, campaigns and initiatives.

Some key industry totals and averages extracted from the report include:

“The excellent response rate enabled the survey results to be broken down by stand-alone day spas versus spas located in hotels, resorts and retreats (destination spas) for more accurate benchmarking and analysis” explained Julie Garrow, Managing Director of Intelligent Spas.

Some findings include:
Michael Verikios - Wednesday, November 15, 2006
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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