10 New research reports
The release of new industry research is a hallmark of every Summit, and
the 10 research reports shared with delegates are now available to all at
www.globalspasummit.org
• GSS-sponsored “Wellness Tourism and Medical Tourism – Where Do Spas Fit?”
• Coyle Hospitality Group: “Priorities of Today’s Spa Consumers”
• Diagonal Reports: “Spa Market, USA”
• Euromonitor Int’l: “Consumer Mindsets, 2011”
• Euromonitor Int’l: “Post-Recession Consumer Dynamics”
• Horwath Consulting: “Global Hotel Market Sentiment Survey, 2011”
• Horwath Consulting: “Hotel Yearbook 2011: What To Expect in the Year Ahead”
• IDEA: “Fitness Programs and Equipment Trends” (Summary & Full Report)
• IHRSA: “Global Report – “State of the Health Club Industry”
• Smith Travel Research: “Global Hotel Performance, 2011”
GSS 2011 Delegate Survey Highlights
Every year a live poll of executive attendees at GSS — which numbered 275 delegates from 35 countries — provides a window into current industry performance and future directions. This year’s summary was as follows:
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• The economic turnaround is directly, positively impacting the spa and wellness industries: 82% predict an increase in gross revenues for 2011.
• China ranks as the number one place industry leaders would like to expand their business (31%), followed by “other countries in Southeast Asia” (28%).
• 57% report that social media campaigns are driving an improvement in customers/sales, but 26% still don’t engage in any social media initiatives.
• 37% report that group buying/online deal sites have driven an improvement in customers/sales, but 58% don’t participate in group buying/online deal sites, the fastest-growing online category.
• Executives predict that among all spa/wellness segments over the next few years, Preventative Medicine will experience the greatest growth (44%), followed by Beauty & Cosmetic (24%).