LYCOS RETRIEVER
Steiner Leisure
built 115 days ago
Steiner Leisure founded way back in mid 30’s, is a leading worldwide provider of Spa products and services. The company prime businesses being services, products and schools segment. The services segment contributes around 60% to the over all tally and primarily focuses on operation of Spa’s in Spa resorts and in more than hundred cruise ships. The rest of the revenues are generated by Products segment, which offers high quality beauty products under Elemis and La Therapie brands. Steiner ... owns and operates schools to train spa professionals. With recent acquisition of Utah vocational schools this segment has the potential to be a major contributor in the coming year.
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Steiner Leisure is one of leading worldwide providers of spa services. It sells its services and products to cruise passengers and at resort and day spas primarily in the US, the Caribbean, the Pacific, Asia and Mexico. Additionally, the company develops and sells beauty products under Elemis and La Therapie trademarks. The company operates primarily in the US, the UK, Mexico and Asia. It is headquartered in Nassau, Bahamas and employs about 4,350 people.
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Steiner Leisure offers an excellent program called Acupuncture at Sea for passengers in need of the ultimate in relaxation and healing. Licensed acupuncturists are employed with Steiner and sail from port to port providing acupuncture and holistic health care to passengers. This program started over two years ago and has been a huge success since its introduction. Steiner is currently working with five cruise lines-Princess, Royal Caribbean, Holland America, Carnival, and Norwegian. Most notably, Steiner set up a successful acupuncture program on the Freedom, the largest cruise ship in the world.
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Steiner Leisure sails the pampered seas, operating spas on more than 125 cruise ships for nearly 20 cruise lines. It offers spa services and a line of beauty products under the brands Elemis, Greenhouse, La Therapie, Mandara, and Steiner. Not only a seafaring spa operator, Steiner operates nearly 60 resort spas and two Elemis luxury day spas, one in London and one in Coral Gables, Florida. Beauty products are sold through its spas, retailers and wholesalers, mail order, and the company's Web sites. Steiner ... operates three massage and skin care training schools in the eastern US. The family of the late founder Herman Steiner, including chairman Clive Warshaw, maintains ownership in the company.
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Steiner Leisure has pioneered a program that has flourished and brought much needed health and relaxation to thousand of cruisers around the world. Acupuncture at Sea is a fantastic program that will undoubtedly continue to grow. As long as there is need to “get away from it all”, so too will there be a need for acupuncturists to help the passengers do just that.
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Longtime Fool contributor Rick Munarriz was the one who recommended Steiner Leisure last year. He does own shares in Disney. The Fool has a disclosure policy. Rick is ... part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.
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