The financial impact of hotel spas

Chicago – The popularity of spa facilities in hotels and resorts has exploded in recent years. For many full-service and resort properties, spas are as much a requirement as restaurants and meeting space.

From an operational perspective, the success of a spa does affect a hotel’s financial performance, both as an operating department and as a marketing asset. Anecdotally, operators report the addition of an effectively planned spa can improve a property’s RevPAR (revenue per available room), allowing the property to sustain its competitive position. The following sets forth some financial statistics from spa operations and considers the economic impact of a spa on a hotel’s value.

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Source: www.htrends.com

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