Spa Executive June 2021
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Here are five trends shaking up the spa industry:<br />
1Software as a Service (SaaS)<br />
SaaS platforms have entered the spa<br />
world in full force. It’s becoming rare<br />
to come across a luxury retreat or spa<br />
within well-known hotels and resorts<br />
that don’t have a platform in the cloud<br />
to operationalize business efficiencies.<br />
<strong>Spa</strong> owners, and directors are looking for<br />
something that will centralize their CRM,<br />
payment solutions, scheduling, booking<br />
and reporting in one place. Furthermore,<br />
there’s an appetite for software that has<br />
a number of integrations primarily with<br />
hotel reservation platforms like Opera or<br />
payment gateways to make their lives<br />
simpler.<br />
Gone are the days of using multiple<br />
paper diaries to track appointments,<br />
guest names, and technician availability.<br />
Much like you’re turning to this article<br />
online vs. a printed copy in a delivered<br />
newspaper, the old paper method in<br />
life is becoming obsolete, let alone<br />
businesses. Forward-thinking directors<br />
and managers are shaping this change<br />
and building a sustainable future for their<br />
spas by implementing solutions that will<br />
allow them to grow and check the boxes<br />
mentioned above.<br />
2<br />
Business Intelligence (BI)<br />
We’ve all heard this word before and<br />
can often bucket it to just mean “fancy<br />
reporting”. However, when I mention BI,<br />
I’m talking about insight vs. data. All<br />
spa directors, managers and owners will<br />
always have access to their data. However,<br />
the true advantage is having the means<br />
to analyze it and help make intelligent<br />
and informed business decisions. For<br />
example, one may ask: Which one<br />
of my spas is performing the best in<br />
terms of number of couples treatments<br />
booked? Granted, you can probably<br />
tally up your appointment numbers and<br />
run a comparison in Excel, but when<br />
you manage multiple locations or are<br />
comparing multiple variables, there’s a<br />
dire need for business intelligence. The<br />
basic reporting features and functionality<br />
aren’t enough to truly realize how your<br />
business can thrive during an unforeseen<br />
situation (like the COVID-19 Pandemic).<br />
You can find ways of optimizing spend,<br />
technician utilization and more through<br />
the use of business intelligence.<br />
<strong>June</strong> <strong>2021</strong> Issue • p. 30