Spa Strategy launches SpaVI, a revolutionary financial model

NEW YORK, May 30, 2013 /PRNewswire/ -- SpaVI is designed for Hotel Spa operators, owners and financiers to improve the performance and capital value of the spa/ spa portfolio to assist:

Operators - to Improve performance of their spas to increase revenues.
Owners - to Assess the value of their spas, selecting operators, and configure the best format in new builds.
Financiers - to Assess the validity of spa lending or investment opportunities.

The model developed by Jonathon Wackett and Claire Way with the Spa Strategy team, can be applied at overview and many levels of granularity. Consequently, it can be used where information is relatively sparse providing increasingly detailed solutions as further information is made available.

Initially, Spa Strategy benchmarks the spa's actual or projected performance in four key areas:

Customer capture
Sales effectiveness and efficiency
Staff performance
Property utilization

SpaVI identifies both good performance and areas that require attention. The Spa Strategy team then offers practical solutions to improve the performance of the business in the key areas identified. These offered solutions are modeled to develop outcome scenarios. This identifies how, if the offered solutions are implemented, the spa's performance will improve and measure up against the benchmarks; and, it will show how implementation will enhance the capital value of the spa. This powerful combination of benchmarking, scenario modeling and capital value assessment ensures that the offered solutions are both realistic and achievable.

Who should use this service and why?

Hotel Spa Operators:  Improve the financial performance of your business. Perfect for knowing what hotel/spa owners will be looking at when assessing the value created for  operating the spa. Can you afford not to use this powerful tool?

Hotel/Spa Owners:  Assess the value of your spa, and to assess proposals from potentially competing operators, allows to identify which operator will give you the best return and highest long term capital value.

Spa financiers: Assess the viability of the projections you are being presented with, assess areas for improvement, and allow scenario building. The benchmarking component will tell you whether the projections are realistic and achievable.

About Spa Strategy: Global spa consultancy specializing in Business & Financial Services; Market Research & Feasibility; Concept and Menu Development; Technical Services; and Brand Development. We are known for successfully executing spas, making them profitable, operationally sound, efficient and visually stunning. http://www.spastrategy.net/

contact [email protected] / +1 347 265 0638

SOURCE Spa Strategy