Don't kid yourself. A majority of spas will fold. These operations don't have bank accounts with reserve funds. It's a cash business with everything being taken out as it's made. Sure, lots will pop up again next year under different names. The folly of the eviction deferrals won't prevent it. It just allows people to accumulate debt they can never pay back. They will default and close. Also, a large proportion of people (me included) won't visit. Disposable incomes are dropping. 45% of the Canadian workforce is on EI, CERB or wage subsidy. Very few will have extra cash to blow to be blown
.
So it's over as we know it. A couple of my fav's are reaching out saying they never want to go back and will I be their boyfriend. Briefly tempted but will refrain. Interesting comments about eSpa and WJT. I will go out on a West End re-con and support. Interested to see if the Mississauga spa I reported on is still operating through the back door with the lights off.