ASCP Skin Deep

SUMMER 2023

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Exclusive member benefit: Get the ASCP SkinPro app at ascpskincare.com/skinpro 31 BEAUTY BUZZ Spa Industry Crosses $20 Billion Revenue Threshold In May, the International SPA Association (ISPA) released its "2023 ISPA US Spa Industry Study" fi ndings, citing industry-wide growth despite COVID's lasting impact. "The spa industry is making up for lost time, and revenue growth of 11.1 percent is the spotlight statistic," ISPA President Lynne McNees says in a release. "But the increase in staffi ng—especially full-time employees, up more than 5 percent— is an even more unmistakable indicator of vitality." The fi ndings also show an increase among part- time employees, with an overall increase in full-time, part-time, and contract employees of 4.6 percent. The study's biggest fi nding reveals revenue growth in the industry from around $18 billion in 2021 to over $20 billion. There's also a reported increase in spa visits—from 173 million in 2021 to 181 million—and an increase in revenue per spa visit to $111.50 per visit. "The US spa industry has rebounded very strongly," says Colin McIlheney, Global Research Leader at PriceWaterhouseCoopers, which conducted the research. "And the iconic $20 billion revenue threshold has been reached and indeed exceeded. This is the milestone—the dawn of what I believe will herald the new decade of growth." ISPA will release the complete "2023 ISPA US Spa Industry Study" later in the year. For more information, visit experienceispa.com. Exclusive Discount on New Book for Skin Pros The Dark Side of Aesthetics by Pamela R. Springer looks at hyperpigmentation, chemical peels, and complications that occur in skin of color. Inspired by the story of a client of African descent who suff ered second-degree burns and a fungal infection after an improper peel treatment, Springer's book off ers estheticians actionable advice for proper treatment protocol. ASCP members can enjoy an exclusive 20 percent discount with code ASCP at globalskin-solutions.com/ product/the-dark- side-of-aesthetics- hyperpigmentation- chemical-peels-and- complications. GUSTAVO FRING/PEXELS

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