Cosmetic Beauty Services - Hospitality Net

2y ago
6 Views
2 Downloads
1.11 MB
11 Pages
Last View : 1m ago
Last Download : 3m ago
Upload by : Lucca Devoe
Transcription

Cosmetic Beauty ServicesMay 2017

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessCOSMETIC BEAUTYSERVICES IN A LUXURYHOTEL ENVIRONMENT(e.g. anti-cellulite, body scrubs and wraps, body sculpting,face masks, oxygen facial), bathing and hydrotherapy(e.g. Watsu, experience shower, sweat lodge), mixed andalternative treatments (e.g. Aromatherapy, Ayurveda,lymphatic drainage), as well as manicure, pedicure, haircare and grooming.Fabian Modena and Matthew Brennan of Horwath HTLHealth & Wellness discuss the global cosmetic beautyindustry. This paper explores the primary differencesbetween various cosmetic treatment categories, reviewsindustry performance, growth, and trends, and identifiesways for operators and investors to utilise cosmetictreatments to boost spa facility performance through aBangkok-based case study.Minimally Invasive Treatments: A combination ofmedical and beauty services, where the treatments mayincorporate high-technology skin care and result innoticeable cosmetic changes or improvement.BACKGROUNDCosmetic surgery was introduced to the market as a wayto correct facial deformity and other physicaldisfigurement. The word “cosmetics” is defined as “apreparation applied to the body, especially the face, toimprove its appearance” (Oxford Dictionary, 2016).In today’s market, the word cosmetic is used to serve thepurpose of enhancing or augmenting ones ideas of theirown external beauty or for individuals self-fulfilment andperceived physical improvement. Cosmetic treatments fallinto three distinctive areas including invasive treatment,non-invasive treatment, and minimally invasive treatment.We will explore each offering below.Minimally invasive treatments refer to a range ofprocedures that involve tiny injections and excludeany surgical invasion into the human body. The mostcommon treatments are injections with botulinum toxin(Botox), dermal fillers, lipofilling, and microdermabrasion(non-chemical). Lasers, chemical peels and facials,and cosmeceuticals (a combination of cosmetics andpharmaceuticals) are also minimally invasive treatments.Minimally invasive treatments are gaining in popularityas they require little to no downtime, and in the caseof fillers deliver immediate results. Botox will deliver itswrinkle improvement and smoothing results over thecourse of 24-72 hours after treatment. Both of theseminimally invasive treatments will last between 3-9months, and the areas will need re-treatment. It shouldbe clear that these treatments are not permanent. Inaddition, minimally invasive treatments require verysmall incisions or injections sites, resulting in less painand very few post-procedure complications. There canbe some mild swelling and bleeding, and occasionalskin imperfections from treatment which can normallybe reversed. These contrast with significant downtimeand hospitalisation after more invasive surgery and postsurgical complications which may include pain, bleeding,wound problems and infection.Minimally Invasive Treatment Categories:Invasive Treatments: Surgical procedures that penetratethe skin by either cutting or piercing. Popular patientchosen or so-called elective invasive procedures areliposuction, breast augmentation, eyelid surgery, tummytuck, and nose surgery.Non-Invasive Treatments: All treatments that do notrequire any penetration into the skin. Non-invasiveprocedures cover a number of diagnostic and therapeuticprocedures, such as chiropractic manipulation, physicaltherapy, and heat therapy. This category also includesa wide range of massages (e.g. deep tissue, hot stone,reflexology, Swedish massage), body and facial treatmentswww.horwathhtl.comSource: Business Wire, 20162

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessMARKET MIX & GROWTH RATESMinimally invasive treatments have been the most popularcosmetic treatments, whereas Botox went up by 7.8%in 2016 year-on-year, demonstrating a growth rate of6,956.6% since 1997. Also, HA treatments rose by 16.1%within the year of 2016 alone. For the viscosity of the jointfluid that lessens as we age, the HA treatments contributetowards well maintained joint cushioning. Furthermore,it can also be used to minimize wrinkles (superficial) andother signs of aging (e.g. age spots) on a temporary basiswithout invasive surgery.Between 2015 and 2016, the most significant growthrate has been identified for photo-rejuvenation ( 36%),accounting for more than 650,000 procedures in theUnited States, followed by hyaluronic acid (HA) treatments( 16%), and laser tattoo removal ( 13%).The majority of non-surgical treatment consumers arebetween the age of 35 and 50 years (39.3%), which favourBotox, HA treatments and hair removal, followed by theage group between 51 and 64 (30.8%) and the age groupbetween 19 and 34 years (16.3%).Injectable treatments remain popular among men, also ledby Botox and HA injections. Additionally, non-surgical skintightening has grown in popularity among men ( 58%in 2015), ranking fifth in 2015. Apart from that, chemicalpeels became more common among men, ranking fifthin 2016, joining Botox injections ( 3.4% in 2016), HAtreatments ( 6.1%), hair removal (-3.5%), and photorejuvenation (-5.8%).The age group of 18 and below only represents 1.5%,whereas, the 65 years and older represents 12.1% of thetotal demand. Strikingly, the 65 customer segmentcontributed to a 193.5% growth in the number of nonsurgical procedures over the past four (4) years.Market Mix And Growth Rates Of Non-Surgical Procedures (%)201620151997PercentageChange 2016 vs.2015PercentageChange 2016 a93.2%6.8%1.1%1.2%n/a0.4%n/a85.5%14.5%Subtotal n RejuvenationChemical peelDermabrasion (not including microdermabrasion)Full field ablative (laser skin resurfacing)Micro-ablative resurfacing (fractional resurfacing)MicrodermabrasionNonsurgical skin tightening (incl. Ulthera, Thermage, Pelleve)Photorejuvenation .4%9.2%8.9%6.8%5.6%9.2%Subtotal Skin ersHair removal (laser or pulsed light)Nonsurgical fat reduction (incl. CoolSculpting,Vaser Shape, Liposonix)SclerotherapyTattoo .1%63.2%12.1%12.5%1.9%36.8%Nonsurgical ProcedureInjectablesBotulinum toxin (incl. Botos, Dysport, Xeomin)Calcium hydroxylapatite (Radiesse)Hyaluronic acid (incl. Juvederm Ultra, Ultra Plus,Voluma, Perlane,Restylane, Belotero)Poly-L-Latic acid (Sculptra)Subtotal 00.0%100.0%7.3%650.2%90.6%9.4%Source: American Society of Plastic Surgery, 2016www.horwathhtl.com3

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessGLOBAL WELLNESS INDUSTRYGlobal Non-Surgical Revenue Growth (US m)In 2015, the global wellness economy was a US 3.7 trillionindustry, of which US 999 billion was from the beauty andanti-aging segment. Recent studies have revealed that: Emerging middle class shows a rising interest inbeauty treatments and well-being programs; Rapidly aging world population demonstrates anincreasing demand for anti-aging and beautyproducts; Chronic diseases and the stress epidemic stimulatedemand for quick-fixes and result driven treatments; Failure of sick-care medical model requires individualsto take the initiative for their well-being and health; A growing subset of educated and more affluenttravellers seek experiences rooted in meaning,purpose, authenticity, and nature.Source: Statista, 2014Non-Surgical Guest’s Preference (%)MicrodermabrasionChemical PeelPhotorejuvenation (IPL)Laser Hair RemovalGLOBAL MEDICAL AESTHETICSAs part of the beauty and anti-aging industry, the medicalaesthetic industry itself is projected to grow at a CAGR of5.5% over the next five years, arriving at US 69.8 billionby 2021.There has been a significant shift in demand from invasivetreatments towards non-surgical treatments overthe past years. As of 2015, non-invasive treatmentsaccounted for approximately US 16.7 billion and areexpected to grow at a CAGR of 4.5% until 2021. A growingtrend to stay attractive, physically healthy and retain ayouthful look is evident across the world. In China, thegrowth in number of cosmetic and beauty treatmentsrelated to such trends is highest in the male marketsegment.Accounting for 11.67 million and 10.87 million uniquenon-surgical procedures in 2016 and 2015 respectively,the trend of injectables, skin rejuvenation and othercosmetics in the United States can be used to depict theglobal trend in recent years.As of 2016, the number of non-surgical cosmeticprocedures has outperformed surgical cosmeticprocedures by 590% and represented 44% of totalsurgical and non-surgical cosmetic procedures in 2016(total expenditure of US 660 million).www.horwathhtl.comHyaluronic AcidBotox0%5%10%15%20%25%30%35%40%45%Source: American Society for Aesthetic Plastic Surgery & Statista, 2016FACIAL CARE MARKETThe facial care market is another sector within the beautyand anti-aging industry which has grown significantlyin terms of its revenue size, especially in the Asia Pacificmarket. Market consumption volume increased with aCAGR of 6.9% between 2010 and 2014, equating a totalof 5,068 million units in 2014.The total volume is anticipated to rise to 7,383 millionunits by the end of 2019, demonstrating a CAGR of 7.8%between 2014 and 2019. In line with the skin care andmake-up market, the Japanese facial care industry isexpected to under-perform and to grow only by 0.8%,reaching US 6,500.3 million by 2019; yet, the Chinesemarket is anticipated to generate US 22,440.3 million,representing a CAGR of 11.5%.In 2014, the Asia-Pacific total market volume was US 28.6million, US 7,411 million (26%) of which was from theanti-aging segment. The creams and gels added sales ofUS 3,903.2 million, representing 13.7% accordingly.4

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessCASE STUDY - BANGKOKTRENDING TREATMENTSBangkok is a tourism and business hub in Asia with morethan 21.47 million overnight international visitors in 2016.The city is ideally located within a close distance to a risingdemand for cosmetic treatments from the Middle Easterncountries. Also, the city lies in the centre of five top feedermarkets for cosmetic treatments, namely Tokyo, Taipei,Hong Kong, Singapore, and Kuala Lumpur, accountingfor US 3,256 million in tourism spending and a total of5,457 million visitors in 2015.A major competitive advantage of Bangkok’s cosmeticand beauty market is the relatively low price level fordoctor’s fees and the salary levels for supporting staff,allowing a lower price per treatment for individuals.Additionally, in comparison to leading medical wellnessand cosmetic destinations in Europe and the rest ofthe world, Thailand offers a highly diversified tourismmarketing strategy, which also helps attract leisure,medical and spiritual travellers equally.Thailand’s healthcare market consists of public primarycare facilities (64%), general clinics (28%), private (2%)and public (6%) hospitals.Based on the data and information collected from leadinganti-aging treatment centres in Bangkok, energy-basedtreatments such as laser treatments, microdermabrasion,radio frequency, and ultrasound treatments are amongthe most common services. Procedures which encompassthe use of small injections such as Botox, fillers, and othermesotherapy treatments are also provided.Amongst others, Absolute Health Center emphasizesnatural homoeopathic skin products, which are utilizedfor a number of problems such as melisma, wrinkles, skinslackening, age spots, claiming that such method wouldminimize the risk of side effects by nurturing a morenatural feel and look than regular Botox or dermal fillers.From a perspective of specialist, Mrs Supajee Srigade(Vice President and Medical Director; Absolute Health –Integrative Medicine; Bangkok), there is an unexploitedpotential within the homoeopathic field and that theoverall cosmetic trend would gear towards fewer chemicalsand a more natural feel for products and proceduresequally.The Absolute Health Centre is predominated byThai visitors (80%), followed by Middle Eastern (10%),Asian (8%), and Western visitors (2%).www.horwathhtl.com5

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessRising demand for aesthetic procedures and beautificationservices lies within the age group of 26 - 35 years old.Whitening treatments are still on the rise for Bangkoktogether with thread lift treatments combined with Botoxdesigned to slim the facial contour.This demand seems to decline sharply starting from36 years and beyond. This is mainly due to increaseddemand from those of the older segment for healthscreening moldalities, rejuvenation and detoxificationtreatments.Mrs Srigade attributes a large share of the successin running an aesthetic facility to an attractive priceperformance, constant high level of quality and acompetitive number of referrals through word of mouth,particularly with Middle Eastern clients.Based on our analysis of Bangkok’s cosmetic market,an ulthera (ultrasound technology) treatment starts atUS 715 per visit, and a filler treatment is priced betweenUS 430 to US 705 determined by the dose used; also,a 60-minute meso-crystal white treatment is priced atUS 80. A fibroblast treatment (face and eyes) starts atUS 1,695 per procedure, laser treatments range fromUS 140 to US 425, depending on the specialization,and the mesotherapy treatments range from US 130 toUS 170.Treatment Popularity Among Different Age GroupsLUXURY HOSPITALITY SERVICEThe luxury hospitality market in Bangkok, based ona sample of 10 leading luxury hotels, offers a varietyof non-invasive treatments, such as massages, bodytreatments, facial treatments, Ayurveda treatments,hydrotherapy treatments, and beauty salon services.Also, 20% of the analysed sample implements colonhydrotherapy treatments within the service platform.However, none of these selected luxury hotels has outlinedto offer any advanced beauty or aesthetic treatmentswithin their spa facilities.Two luxury five-star properties provide a small selectionof advanced beauty technologies, such as Atoxelenenatural wrinkle filler, a high-performance oxygentreatment using HA serum.Another luxury hotel in Bangkok incorporates a motorizedroller technology, stimulating slimming cells (adipocytes)and youth cells (fibroblasts) in order to reactivate naturalproduction of collagen, elastin, and HA.Source: Absolute Health Center, 2016www.horwathhtl.com6

Cosmetic Market ServicesFUTURE TRENDS IN THE BEAUTYAND ANTI-AGING INDUSTRYAnti-Pollution Actives: During the past few years,increasing trends towards pollution-shielding activeshave been recognized. A variety of products promise aprotective effect for the skin, but also against ultravioletlight and blue light. As an emerging addition, a few multiprotective actives also include detox-functions, allowinga reverse of the damaged skin from pollution and freeradical exposure.Fast Changing Fashion Innovations: A rising number ofinfluential beauty and personal care product consumersis coming from the younger market segment. To meettheir rapidly changing beauty preferences, a minimallydisruptive formulation approach has been applied,allowing the firms to be proactive and to anticipate specificneeds also reducing the research and development costs.Horwath HTL Thailand Health & WellnessNatural Feel: Today’s consumers expect the cosmeticproducts to feel light; yet, containing natural ingredientsfor colour cosmetics without compromising skin feel ordurability. Topical cosmetics are presently complementedwith green apple, lilac and alpine raised stem cells.Unexplored Target Group: An increasing interest incosmetic treatments is coming from male clients. Asdemand rises, an entirely new and promising marketsegment emerges, showing enormous potential for thefuture cosmetic industry.Instrumentations: Permanent fillers gain in popularitydue to new instrumentations, such as bendable andsoft needles, blunt-tip cannulas and injector pens, usedfor restoring skin with vitamins, amino acids and HAtreatments (e.g. Micro-Botox and bro-tox for men).Masstige: Known as high-quality cosmetic goods –produced for the mass, is one of the fastest growingtrends within the cosmetic industry. Cosmetic productshave to be affordable, mid-ranged price, and aestheticallybeautiful; yet, highly effective and results-driven.www.horwathhtl.com7

Cosmetic Market ServicesOPPORTUNITIES FOR HOTELS & RESORTSAcross the leading global wellness resorts with an aestheticline of business, 100% of the luxury wellness resortsoffer a selection of laser treatments, radio frequency andultrasound treatments, in line with laboratory analysis;80% provide microdermabrasion, fillers and Botox, and70% implement mesotherapy and liposuction (surgical)into the service platform, and only 50% and 40% deliverdental care and micro and plastic surgery, respectively.SHA Wellness Clinic (Spain), offers a range of rejuvenation,sculpting and personally tailored aesthetic programs.It incorporates the advancement of traditional andalternative medicine into its programs, which generate theoptimum level of measurable results for guests in a shortperiod.Chiva-Som (Thailand), offers a broad selection of modernaesthetic treatments and micro-invasive cosmetic surgery.Treatments and services provided, allow Chiva-Som tosustain its reputation and attract visitors.At Horwath HTL Health & Wellness, we recognizeopportunities to convert a cost centre into a revenuecentre for urban upscale and luxury hotels byimplementing the services below, depending on thesubject location and access to supply.Aesthetic and Longevity Addition: This component willcater towards both male and female consumers; however,past assignments have shown that aesthetic treatmentsare more popular with women and the longevity servicesare more popular with male high-net-worth individuals(HNWIs).Co-operation: Partnering with a third party providerwith a positive track record in aesthetic treatments,will guarantee expertise, trained specialists and longstanding supplier and industry relations. This will alsobe key as many of the specialized treatments requireassociated licenses. Thai third party providers areproven to be the best choice for the Asia Pacific region.Profitability: The longevity treatment service is a lowcost high-margin opportunity (margins above 2,200%)for every urban upscale and luxury hotel. Over 50%of the world’s HNWIs live in China; they search forways to extend and improve their life. By offering thistype of specialised facility within the common spaenvironment, creates a niche for itself to capitalise ona high margin industry.www.horwathhtl.comHorwath HTL Thailand Health & WellnessOpportunity: Non-surgical cosmetic treatments(aesthetics) are a relatively cost-efficient revenue centreto implement into any given hotel surrounding, bymeeting the current industry trends and spirit of thetime, the desire and outlook characteristics of a periodand generation.Cell Therapy: As we age, degenerative processes overcomethe regenerative processes. A cell therapy treatment,also known as ‘fresh cell therapy’ or ‘live cell therapy’,injects active cell extracts/cell factors via intramuscularstimulation, in order to stimulate the cells to repair theregeneration mechanisms and to foster cell rejuvenation.40 Customer Segment: Detoxification treatments, suchas chelation, liver detox and lymphatic drainage, areintravenous therapies and experience high demand fromvisitors above the age of 36 years. The demand for energyboosters (Myer’s cocktail, megadose vitamin (MPV),and Ozone IV therapy) similar to immune booster (QRS,mesenchymal stem cell, and others) is booming in the agecategory of 65 and above. Both treatment segmentationsrepresent an attractive and a relatively straightforwardadditional revenue centre for every spa facility.Sleep Testing Centre: Recent studies have shown thatlack of recreational sleep may have a severe effect on thephysical health, the body’s ability to restore and reproducethe cell activity, and cause an increased risk of obesity,diabetes, cardiovascular diseases, hypertension, immunefunction, and even the common cold.The incorporation of a sleep testing centre requiresa computerized sleep lab assessment centre(polysomnography), which allows a team of doctors andsleep therapists to assess snoring patterns, insomnia,bruxism (unconscious grinding or clenching of teeth whilesleeping), and abnormal nocturnal leg movements. Thismay be further enhanced providing a specially designedtesting environment guest room.Cosmetic Retail: Cosmetic retail products have been thebeneficiaries of a tremendous rise in consumer interest.A thoughtful integration of professional skin care productsinto the retail space, aligned with products which areutilized within the aesthetic and longevity centre, willcreate a high price-point specialist revenue centre tocomplement the health and beauty facility.8

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessHOW TO INCORPORATEINTO THE HOTEL SETTINGCONCLUSIONA typical medical spa facility ranges from 150 - 650 squaremeters, based on the available space, the complexity ofofferings (e.g. inclusion of longevity, laboratory, colonics,or salt treatments), the positioning of the property andthe region.A typical medical wellness facility consists of an arrival lobby with retail and tester stations a number of consultation rooms for skin analysis a nurse room for general diagnostics a doctor’s practitioner area multi-purpose treatment rooms(eg. LPG, slimming, laser and advanced facials) administrative and employee areas(including pantry, storage and washrooms).A total investment amount of US 47,000, separatedbetween US 28,500 for specialized equipment(e.g. microdermabrasion), US 10,000 for medicaldispensary and storage and US 8,500 for a selectionof medical support materials, serves as a standardinvestment assumption, per medical aesthetic spa room.Horwath HTL Health and Wellness strongly advisesconsulting exact space requirements with a spa andwellness specialized architecture and design team.The current demand for physical enhancement andaesthetic cosmetic improvements is usually foundedby personal dissatisfaction and a strong desire forattractiveness, as well as a healthy and youthfulappearance.The cosmetic industry is commonly divided into threedistinctive subsections: non-invasive, minimally invasiveand invasive treatment/surgery; however, minimallyinvasive procedures are usually sub-divided intoinjectables, energy based and cosmeceutical services.The United States represents the largest market innon-surgical cosmetic treatments, followed by Asiaand Europe; however, the highest growth rates arebeing seen in Asia. In line with this, body contouringand energy device treatments are leading the marketdemand, whereas the second most demanded cosmeticprocedures are fillers and cosmeceuticals.The international medical aesthetic treatment marketis expected to rise to US 6.56 billion by 2018, led bynon-invasive treatments such as Botox and HA, butalso a variation of energy based services (lPLs, laser),driving the future medical aesthetic demand globally especially in Asia. The facial aesthetic market is expectedto grow at a CAGR of 9.82% until 2020; a shift frominvasive to non-invasive treatments is evident.This research illustrates that there is still an unexploredopportunity to implement a number of high-yieldingcosmetic treatments within the hotel spa environment,incurring a reasonable investment volume and utilizingless than 150 square meters of space.We believe that common hotel spas do not capitalizesufficiently on this ever-growing industry, whereas,an efficient implementation with a specifically tailoredselection of services will not only elevate the spa facilities’reputation, but also open doors to a new customersegment with high disposable income.www.horwathhtl.com9

Cosmetic Market ServicesHorwath HTL Thailand Health & WellnessWRITTEN BY:FABIAN MODENAConsultantHorwath HTL ThailandHealth & Wellnessfmodena@horwathhtl.comA Consultant to Horwath HTL Health & Wellness,Fabian plays an instrumental role in the research anddevelopment of bespoke wellness-centric hospitality andmixed-use development feasibility studies.Before joining Horwath HTL, Fabian worked as theAssistant Manager of Hotel Development with OrascomHotels & Development. He was involved in thedevelopment of all luxury hotels and resorts in Oman,Montenegro, Morocco, Egypt, and Switzerland.Prior to his engagement in the development industry,Fabian began his hospitality career with the Ritz-CarltonHotels in China and Thailand. Fabian graduated withtwo Bachelor Degrees in International HospitalityManagement and Finance from Glion Institute of HigherEducation and Les Roches-Gruyere University of AppliedScience, Switzerland, also, a Certification in Hotel RealEstate Investments & Asset Management from CornellUniversity, USA, and the Swiss Restaurant License, bringsmultidisciplinary experience as an operator, developer,and researcher to his work.MATTHEW BRENNANDirectorHorwath HTL ThailandHealth & Wellnessmbrennan@horwathhtl.comMatthew Brennan, a Co-Founder and Director of HorwathHTL Health & Wellness, directs the market researchteam who author the market research and feasibilitystudies prepared for spas, wellness centres, bathhousesand wellness-centric hotels and resorts and leads otheradministrative functions of the business.Since receiving his BSBA in Finance from The University ofDenver in Colorado, USA, Matt has worked in a consultingrole in four different continents including Asia, Europe,Africa and North America for private property developers,institutional investors and the world’s leading hospitalitymanagement companies.Matt co-authored the chapter, “Spa Feasibility - Stepsand Processes” included in the first spa managementtextbook titled, Understanding The Global Spa Industry: SpaManagement, published by Oxford University Press androutinely contributes to other industry publications.Matt has been in Asia for five years and enjoys golfingduring his free time.Horwath HTL Health & Wellness, a member of HorwathHTL, offers a full range of consulting and managementservices that make a difference in hotel and spaperformance. From preliminary market research andfeasibility work that help determines if, what and how aproperty should be created, positioned and run in a givenlocation to implementing and taking responsibility for itsongoing management and long-term financial success.HORWATH HTL THAILAND37/10 Soi Langsuan,Phloen Chit Road LumpiniPathumwan Bangkok 10330, Thailand 66 2 252 6281www.horwathhtl.com10

ASIA PACIFICAUCKLAND, NEW ZEALANDauckland@horwathhtl.comEUROPEAMSTERDAM, NETHERLANDSamsterdam@horwathhtl.comLATIN AMERICABUENOS AIRES, ARGENTINAcspinelli@horwathhtl.comBANGKOK, THAILANDHealth and Wellnessischweder@horwathhtl.comANDORRA LA VELLA, ANDORRAvmarti@horwathhtl.comDOMINICAN REPUBLICsperalta@horwathhtl.comBARCELONA, SPAINvmarti@horwathhtl.comSANTIAGO, CHILEcspinelli@horwathhtl.comBANGKOK, THAILANDnikhom@horwathhtl.comBEIJING, CHINAbeijing@horwathhtl.comHONG KONG, SARhongkong@horwathhtl.comJAKARTA, INDONESIAjakarta@horwathhtl.comKUALA LUMPUR, MALAYSIAkl@horwathhtl.comMUMBAI, INDIAvthacker@horwathhtl.comSHANGHAI, CHINAshanghai@horwathhtl.comSINGAPORE, SINGAPOREsingapore@horwathhtl.comSYDNEY, AUSTRALIArdewit@horwathhtl.comTOKYO, JAPANtokyo@horwathhtl.comAFRICAABIDJAN, IVORY COASTcspecht@horwathhtl.comBELGRADE, SERBIAslovreta@horwathhtl.comBUDAPEST, HUNGARYmgomola@horwathhtl.comDUBLIN, IRELANDireland@horwathhtl.comBERLIN, GERMANYgermany@horwathhtl.comISTANBUL, TURKEYmerdogdu@horwathhtl.comLISBON, PORTUGALvmarti@horwathhtl.comLIMASSOL, CYPRUScmichaelides@horwathhtl.comLONDON, UKeheiberg@horwathhtl.comMADRID, SPAINvmarti@horwathhtl.comOSLO, NORWAYoslo@horwathhtl.comPARIS, FRANCEpdoizelet@horwathhtl.comCAPE TOWN, SOUTH AFRICAcapetown@horwathhtl.comROME, ITALYzbacic@horwathhtl.comKIGALI, RWANDAfmustaff@horwathhtl.comSALZBURG, AUSTRIAaustria@horwathhtl.comWARSAW, POLANDdfutoma@horwathhtl.comZAGREB, CROATIAzagreb@horwathhtl.comZUG, mMIDDLE EASTDUBAI, UNITED ARAB EMIRATESkdrubbel@horwathhtl.comNORTH AMERICAATLANTA, USApbreslin@horwathhtl.comDENVER, USAjmontgomery@horwathhtl.comMIAMI, USAacohan@horwathhtl.comMONTREAL, CANADApgaudet@horwathhtl.comNEW YORK, USAjfareed@horwathhtl.comNEW YORK, USApbreslin@horwathhtl.comTORONTO, CANADApgaudet@horwathhtl.com

Cosmetic Market Serices Horwath HTL Thailand Health & Wellness 4 GLOBAL WELLNESS INDUSTRY In 2015, the glo

Related Documents:

250-0005 day robert beauty hill rd #39 89 beauty hill road 250-0068 sanger james & donna beauty hill rd #42 90 beauty hill road 250-0006 day robert beauty hill rd 91 beauty hill road 250-0007 schena paula j & ralph a beauty hill rd #47 97 beauty hill road 250-0067 cook david, ronald & marie beauty hill rd #52 110 beauty hill road

indirectly effect on cosmetic surgery. Keywords: Body image, Self-esteem ,Conformity, Cosmetic surgery; 1. Introduction If we look at the history of the rise of cosmetic surgery and how coming into, we clearly understand that cosmetic surgery was reconstructive surgery for congenital lesions and later, due to the high impact that has on beauty .

cosmetic procedures. As well as the social factors mentioned above, economic drivers include increasing affordability of cosmetic procedures, and the commercially driven nature of the industry itself. Most cosmetic procedures are provided in the private sector, and the connection between cosmetic procedures and the beauty industry makes this sector

3. Hospitality Services III—Course Code: 992104 4. Hospitality Services IV—Course Code: 992105 Course Description: Hospitality Services I. This course introduces students to the hospitality and tourism industry and identifies some of the current and future trends affecting the hospitality and tourism industry and the impact this

8. Beauty and the Beast, 1960-2003 9. Beauty and the Beast, Chyng Feng Sun, 1997 10. Beauty and the Beast, copies of Beauty and the Beast stories collected by Betsy Hearne, ca. 1819-1989 11. Beauty and the Beast, Devries revisions, ca. 1986 12. “Beauty and the Beast,” Jay MacPherson, 1974 13. Beauty and the Beast and ms. for picture book .

Hospitality & Tourism 110 GCO 1 Introduction to the Hospitality and Tourism Industry Specific Curriculum Outcomes: Students will be expected to: identify what hospitality and tourism is and why it is the largest industry in the world. be the guests and experience true hospitality. outline the history of the hospitality and tourism industry

from its procedural statically data for the 2015 calendar year suggest that cosmetic procedures are on the rise (ASAPS, 2016). Plastic Surgery's (ASAPS') found the idea of having the beauty ideals popularised by dominant groups has caused an increased in consumers carrying out cosmetic surgery. Cosmetic surgery is now globalised and

Cosmetic Registration Program (VCRP). The VCRP applies only to cosmetic products being sold to consumers in the United States. It does not apply to cosmetic products for professional use only, such as products used in beauty salons, spas, or skin care clinics. VCRP COSMETIC REGISTRATION PROCESS Step 1:Check the list of ingredients (ensure