PriceSmart Announces Fiscal 2021 First Quarter Operating Results

SAN DIEGO, Jan. 7, 2021 /PRNewswire/ — PriceSmart, Inc. (NASDAQ: PSMT), operator of 47 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal first quarter of 2021 which ended on November 30, 2020.

<a href="https://mma.prnewswire.com/media/475169/PriceSmart_Band_Logo.html" target="_blank"…

SAN DIEGO, Jan. 7, 2021 /PRNewswire/ — PriceSmart, Inc. (NASDAQ: PSMT), operator of 47 warehouse clubs in 12 countries and one U.S. territory, today announced its results of operations for the fiscal first quarter of 2021 which ended on November 30, 2020.

Comments from Sherry S. Bahrambeygui, Chief Executive Officer:

«PriceSmart delivered solid results for the first quarter of fiscal year 2021. In November, mobility restrictions were reduced in many of our markets.  We meanwhile expanded our Click and Go™ contactless shopping program, which provides for ordering online and curbside pickup, and as of Q1, includes delivery options in all of our markets.

We continue to improve operating efficiencies while making appropriate investments. Together, these initiatives have contributed to an increase in our operating income of 45.0% to $44.5 million and an earnings increase of 40.6% to $0.90 per diluted share in the first quarter of 2021 compared to the prior-year period.

Although varying pandemic-related restrictions throughout our markets were on the rise again in December and continue to impact the business in early January, thanks to our tremendous team, we are becoming increasingly adept at early monitoring and quickly adjusting to challenges as they arise, as well as anticipating the needs and preferences of our Members.»

First Quarter Financial Results

Total revenues for the first quarter of fiscal year 2021 increased 8.1% to $877.4 million compared to $811.9 million in the comparable period of the prior year. For the first quarter of fiscal year 2021, net merchandise sales increased 7.7% to $838.4 million from $778.7 million in the first quarter of fiscal year 2020. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by $27.4 million, or 3.5%, versus the same period in the prior year.

The Company had 46 warehouse clubs in operation as of November 30, 2020 compared to 45 warehouse clubs in operation as of November 30, 2019.

Comparable net merchandise sales for the 43 warehouse clubs that have been open for greater than 13 ½ calendar months increased 3.6% for the 13-week period ended November 29, 2020 compared to the comparable period of the prior year. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales negatively by $27.0 million or 3.5% versus the same period in the prior year.

The Company recorded operating income during the fiscal first quarter of $44.5 million compared to operating income of $30.7 million in the prior year period. Net income attributable to PriceSmart was $27.7 million, or $0.90 per diluted share, in the first quarter of fiscal year 2021 as compared to $19.7 million, or $0.64 per diluted share, in the first quarter of fiscal year 2020. 

The Company reports comparable net merchandise sales on a «same week» basis with 13 weeks in each quarter beginning on a Monday and ending on a Sunday. The periods are established at the beginning of the fiscal year to provide as close a match as possible to the calendar month and quarter that is used for financial reporting purposes.  This approach equalizes the number of weekend days and weekdays in each period for an improved sales comparison, as the Company experiences higher merchandise club sales on the weekends. Each of the warehouse clubs used in the calculations was open for at least 13 ½ calendar months before its results for the current period were compared with its results for the prior period.

The term «currency exchange rates» refers to the currency exchange rates the Company uses to convert net merchandise and comparable net merchandise sales for all countries where the functional currency is not the U.S. dollar into U.S. dollars. The Company calculates the effect of changes in currency exchange rates as the difference between current period activities translated using the current period’s currency exchange rates and the comparable prior year period’s currency exchange rates. The Company believes the disclosure of the effects of currency exchange rate fluctuations on the Company’s results permits investors to understand better the Company’s underlying performance.

PriceSmart management will host a conference call at 12:00 p.m. Eastern time (9:00 a.m. Pacific time) on Friday, January 8, 2021, to discuss the financial results. Individuals interested in participating in the conference call may do so by dialing (855) 209-8211 toll free, or (412) 317-5214 for international callers and asking to join the PriceSmart, Inc. call. A digital replay will be available through January 15, 2021, following the conclusion of the call by dialing (877) 344-7529 for domestic callers, or (412) 317-0088 for international callers, and entering replay passcode 10149960.

About PriceSmart

PriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean, selling high quality merchandise and services at low prices to PriceSmart Members. PriceSmart operates 47 warehouse clubs in 12 countries and one U.S. territory (eight in Costa Rica and Colombia; seven in Panama; five in the Dominican Republic, four in Trinidad and Guatemala; three in Honduras; two each in El Salvador and Nicaragua; and one each in Aruba, Barbados, Jamaica and the United States Virgin Islands). The Company also plans to open new warehouse clubs in Guatemala City, Guatemala and Portmore, Jamaica in the fall of 2021 and the spring of 2022, respectively. Once these two new clubs are open, the Company will operate 49 warehouse clubs. 

This press release may contain forward-looking statements concerning the Company’s anticipated future revenues and earnings, adequacy of future cash flows, omni-channel initiatives, proposed warehouse club openings, the Company’s performance relative to competitors, the outcome of tax proceedings and related matters. These forward-looking statements include, but are not limited to, statements containing the words «expect,» «believe,» «will,» «may,» «should,» «project,» «estimate,» «anticipated,» «scheduled,» and like expressions, and the negative thereof. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, but not limited to: adverse changes in economic conditions in the Company’s markets, natural disasters, compliance risks, volatility in currency exchange rates, competition, consumer and small business spending patterns, political instability, increased costs associated with the integration of online commerce with our traditional business, whether the Company can successfully execute strategic initiatives, cybersecurity breaches that could cause disruptions in our systems or jeopardize the security of member or business information, cost increases from product and service providers, interruption of supply chains, COVID-19 related factors and challenges, including among others, the duration of the pandemic, the unknown long-term economic impact, the impact of government policies and restrictions that have limited access for our Members, and shifts in demand away from discretionary or higher priced products to lower priced products, exposure to product liability claims and product recalls, recoverability of moneys owed to PriceSmart from governments, and other important factors discussed in the Risk Factors section of the Company’s most recent Annual Report on Form 10-K, and other factors discussed from time to time in other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date that they are made, and the Company does not undertake to update them, except as required by law.

For further information, please contact Michael L. McCleary, EVP, Chief Financial Officer and Principal Accounting Officer (858) 404-8826 or send an email to ir@pricesmart.com.

 

PRICESMART, INC.

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA)

Three Months Ended

November 30,

November 30,

2020

2019

Revenues:

Net merchandise sales

$

838,369

$

778,728

Export sales

10,881

8,274

Membership income

13,299

13,746

Other revenue and income

14,883

11,193

Total revenues

877,432

811,941

Operating expenses:

Cost of goods sold:

Net merchandise sales

703,619

662,724

Export sales

10,433

7,971

Non-merchandise

5,824

4,251

Selling, general and administrative:

Warehouse club and other operations

84,832

79,373

General and administrative

27,521

25,884

Pre-opening expenses

602

953

Loss on disposal of assets

70

71

Total operating expenses

832,901

781,227

Operating income

44,531

30,714

Other income (expense):

Interest income

491

293

Interest expense

(2,033)

(862)

Other expense, net

(1,545)

(985)

Total other expense

(3,087)

(1,554)

Income before provision for income taxes and
loss of unconsolidated affiliates

41,444

29,160

Provision for income taxes

(13,618)

(9,403)

Loss of unconsolidated affiliates

(9)

(48)

Net income

27,817

19,709

Less: net (income) loss attributable to noncontrolling interest

(80)

19

Net income attributable to PriceSmart, Inc.

$

27,737

$

19,728

Net income attributable to PriceSmart, Inc. per share available for distribution:

Basic

$

0.90

$

0.64

Diluted

$

0.90

$

0.64

Shares used in per share computations:

Basic

30,398

30,277

Diluted

30,420

30,284

Dividends per share

$

$

 

PRICESMART, INC.

CONSOLIDATED BALANCE SHEETS

(UNAUDITED AMOUNTS IN THOUSANDS, EXCEPT SHARE DATA)

November 30,

2020

August 31,

(Unaudited)

2020

ASSETS

Current Assets:

Cash and cash equivalents

$

207,955

$

299,481

Short-term restricted cash

185

185

Short-term investments

73,980

46,509

Receivables, net of allowance for doubtful accounts of $157 as of November 30, 2020 and $147 as of August 31, 2020, respectively

15,150

13,153

Merchandise inventories

373,178

309,509

Prepaid expenses and other current assets

40,103

30,165

Total current assets

710,551

699,002

Long-term restricted cash

4,255

4,105

Property and equipment, net

700,837

692,279

Operating lease right-of-use assets, net

119,316

119,533

Goodwill

45,123

45,206

Other intangibles, net

9,566

10,166

Deferred tax assets

20,246

21,672

Other non-current assets (includes $144 and $872 as of November 30, 2020 and August 31, 2020, respectively, for the fair value of derivative instruments)

57,508

54,260

Investment in unconsolidated affiliates

10,593

10,602

Total Assets

$

1,677,995

$

1,656,825

LIABILITIES AND EQUITY

Current Liabilities:

Short-term borrowings

$

47,349

$

65,143

Accounts payable

384,086

373,172

Accrued salaries and benefits

28,630

32,946

Deferred income

25,125

23,525

Income taxes payable

9,559

7,727

Other accrued expenses and other current liabilities

35,228

37,731

Operating lease liabilities, current portion

8,649

8,594

Long-term debt, current portion

19,771

19,437

Total current liabilities

558,397

568,275

Deferred tax liability

1,401

1,713

Long-term income taxes payable, net of current portion

5,243

5,132

Long-term operating lease liabilities

124,383

124,181

Long-term debt, net of current portion

108,104

112,610

Other long-term liabilities (includes $5,321 and $4,685 for the fair value of derivative instruments and $6,313 and $6,155 for post-employment plans as of November 30, 2020 and August 31, 2020, respectively)

13,176

12,182

Total Liabilities

810,704

824,093

 

PRICESMART, INC.

CONSOLIDATED BALANCE SHEETS

(UNAUDITED AMOUNTS IN THOUSANDS, EXCEPT SHARE DATA)

Stockholders’ Equity:

Common stock $0.0001 par value, 45,000,000 shares authorized; 31,395,847 and 31,417,576 shares issued and 30,738,334 and 30,670,712 shares outstanding (net of treasury shares) as of November 30, 2020 and August 31, 2020, respectively

3

3

Additional paid-in capital

450,666

454,455

Accumulated other comprehensive loss

(173,658)

(176,820)

Retained earnings

610,224

582,487

Less: treasury stock at cost, 657,513 shares as of November 30, 2020 and 746,864 shares as of August 31, 2020

(21,068)

(28,406)

Total stockholders’ equity attributable to PriceSmart, Inc. stockholders

866,167

831,719

Noncontrolling interest in consolidated subsidiaries

1,124

1,013

Total stockholders’ equity 

867,291

832,732

Total Liabilities and Equity

$

1,677,995

$

1,656,825

 

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SOURCE PriceSmart, Inc.

Instate one-way fares starting at $49 with Ravn’s New Year, New Ravn sale

ANCHORAGE, Alaska, Jan. 7, 2021 /PRNewswire-PRWeb/ — With 10 destinations and growing, the New Ravn Alaska is flying into 2021 with promotional fares to help Alaskans skip the winter drives and get back in the sky. Discounted fares are available on one-way travel, network wide for tickets purchased online through Jan. 12.

Anchorage is a hub community for business, health care, education and retail and Ravn’s fares are making life…

ANCHORAGE, Alaska, Jan. 7, 2021 /PRNewswire-PRWeb/ — With 10 destinations and growing, the New Ravn Alaska is flying into 2021 with promotional fares to help Alaskans skip the winter drives and get back in the sky. Discounted fares are available on one-way travel, network wide for tickets purchased online through Jan. 12.

Anchorage is a hub community for business, health care, education and retail and Ravn’s fares are making life essentials more accessible. While half of the airline’s routes are accessible by car to Anchorage, with flights as low as $49, travelers will save hours and dollars when compared to drive times and refueling.

«We’ve not been able to celebrate our return to service in each community as we may have pre-Covid, so we’re offering these fares as an expression of gratitude for welcoming us back and for trusting us as you return to air travel,» said Ravn Alaska CEO Rob McKinney. «When you fly with us, you’ll experience our commitment to customer service, safety and communities.»

«New Year, New Ravn» promotional fares available for booking through Jan. 12 for travel through March 13, 2021.

One-way travel between Anchorage (ANC) and the following cities begin at:
$49* to/from Kenai (ENA)
$59* to/from Fairbanks (FAI)
$69* to/from Homer (HOM)
$69* to/from Valdez (VDZ)
$89* to/from Unalakleet (UNK)
$299* to/from Cold Bay (CDB)
$299* to/from Dutch Harbor (DUT)
$299* to/from Sand Point (SDP)
$299* to/from St. Paul (SNP)

*Terms apply

Ravn Alaska is following CDC best practices as well as guidelines from the State of Alaska and its municipalities and boroughs. Mask wearing is required on all Ravn flights for passengers and crew, as the airline maintains transmission risk-mitigation techniques including distancing protocols; disinfection of high-touch aircraft surfaces and passenger confirmation that they do not have Covid symptoms and commitment to adhere to the airline mask policy.

Passengers are encouraged to familiarize themselves with community guidelines before travel.

Fare details, terms and conditions are available at RavnAlaska.com.

About Ravn Alaska
The new Ravn Alaska is the hometown airline of Alaska, employing more than 300 Alaskans and serving the passenger, cargo and charter needs of 10 Alaska communities with a network that continues to grow. Learn more at RavnAlaska.com.

# # #

Media contact:
Gary Scott, Thompson & Co. PR
907-229-7311
gary@thompsonpr.com

Media Contact

Gary Scott, Thompson & Co. PR, +1 (907) 561-4488, Gary@thompsonpr.com

 

SOURCE Ravn

Report Cards to Rate 50 States and DC on Essential Traffic Safety Laws: How Will Your State Measure Up?

WASHINGTON, Jan. 7, 2021 /PRNewswire-PRWeb/ — New Report Cards to Give State Lawmakers a Legislative «Roadmap» During 2021 Sessions to Reverse Rise in Fatal Crash Frequency During COVID-19 Pandemic-Era.

WHEN: MONDAY, JANUARY 11, 2021 at 11:00 AM EST

WHAT:
VIRTUAL NEWS CONFERENCE – Advocates for Highway and Auto Safety (Advocates) will release the 2021 Roadmap of State Highway Safety Laws, a report rating all 50 states…

WASHINGTON, Jan. 7, 2021 /PRNewswire-PRWeb/ — New Report Cards to Give State Lawmakers a Legislative «Roadmap» During 2021 Sessions to Reverse Rise in Fatal Crash Frequency During COVID-19 Pandemic-Era.

WHEN: MONDAY, JANUARY 11, 2021 at 11:00 AM EST

WHAT:
VIRTUAL NEWS CONFERENCE – Advocates for Highway and Auto Safety (Advocates) will release the 2021 Roadmap of State Highway Safety Laws, a report rating all 50 states and the District of Columbia on the passage of 16 essential traffic safety laws.

The 2021 Roadmap Report and release event will:

  • Assign each state a green, yellow or red rating based on the number of optimal safety laws enacted
  • Name the Best & Worst states
  • Identify dangerous gaps in each state’s traffic safety laws that contribute to the daily toll of 100 deaths and more than 7,500 injuries on the Nation’s roads

As the COVID-19 pandemic took hold in 2020, a shocking trend also emerged: A rise in excessive speeding and impaired driving coupled with lower seat belt use leading to a substantial rise in the fatality rate on our roadways despite the presence of fewer cars.

Advocates will call on state lawmakers to use this new report as a roadmap during their 2021 legislative sessions to pass proven, effective laws that will reverse this trajectory and reduce the more than 36,600 deaths and 2.7 million injuries resulting from motor vehicle crashes annually.

WHERE:
This news conference will be livestreamed at http://www.saferoads.org. Reporters tuning into the livestream are invited to submit questions during the event.

WHO:

  • Cathy Chase, President, Advocates for Highway and Auto Safety
  • Congressman Raja Krishnamoorthi (D-IL, 8), Sponsor of the SAFE TO DRIVE Act (H.R. 2416) in the last Congress, which seeks to encourage states to enact distracted driving laws with the incentive of federal grant money.
  • State Senator David Carlucci (New York, retired), Senate sponsor of bill enacted in 2020 that now requires all front and back seat occupants to buckle up in New York.
  • State Assemblyman Nicholas Chiaravalloti (D-NJ, 31), Assembly sponsor of legislation (A. 855) to add a prohibition on viewing distracting content while driving such as streaming video and participating in video conferencing.
  • Ivette Chaidez, Education Outreach Coordinator for Impact Teen Drivers (California). She became a traffic safety advocate after her sister Itzayana «Itzy» Chaidez was killed in a crash involving a teen driver. NOTE: Ivette esta disponible para entrevistas en Español.
  • Stephen W. Hargarten, MD, MPH, a nationally recognized leader in emergency medicine, who serves as Professor of Emergency Medicine and the Director of the Comprehensive Injury Center at the Medical College of Wisconsin.
  • Alan Maness, Vice President of Federal Affairs and Counsel, State Farm Insurance.

ELECTRONIC MEDIA KIT, including the 2021 Roadmap of State Highway Safety Laws report, will be available online Monday, January 11, 2021 at 12:01 AM EST at http://www.saferoads.org. Embargoed copies of the Roadmap report will be made available to the media upon request.

Advocates for Highway and Auto Safety is an alliance of consumer, medical, public health, law enforcement and safety groups and insurance companies and agents working together to make America’s roads safer. Advocates’ mission is the adoption of federal and state laws, policies and programs that prevent motor vehicle crashes, save lives, reduce injuries, and contain costs.

Media Contact

Bill Bronrott, Advocates for Highway and Auto Safety, +1 2022704415, bronrott@gmail.com

Pete Daniels, Advocates for Highway and Auto Safety, 301-442-2249, pdaniels@saferoads.org

 

SOURCE Advocates for Highway and Auto Safety

Lamborghini Austin promotes the Lamborghini Urus Graphite Capsule color options available in model year 2021

AUSTIN, Texas, Jan. 7, 2021 /PRNewswire-PRWeb/ — Lamborghini Austin, a luxury exotic car retailer in the Austin area, is promoting the Lamborghini Urus Graphite Capsule color options available in the model year 2021. Drivers who are interested in getting their own luxury exotic model are encouraged to check out the Lamborghini Urus Graphite Capsule options.

The Lamborghini Urus Graphite Capsule comes in matte color options. The new matte colors include Nero…

AUSTIN, Texas, Jan. 7, 2021 /PRNewswire-PRWeb/ — Lamborghini Austin, a luxury exotic car retailer in the Austin area, is promoting the Lamborghini Urus Graphite Capsule color options available in the model year 2021. Drivers who are interested in getting their own luxury exotic model are encouraged to check out the Lamborghini Urus Graphite Capsule options.

The Lamborghini Urus Graphite Capsule comes in matte color options. The new matte colors include Nero Noctis, Grigio Keres, Grigio Nimbus, and Bianco Monocerus. All of these options are perfect for drivers who enjoy neutral options. Nero Noctis is a matte black color option that can be paired with black wheels for a monochromatic attire. Grigio Nimbus and Grigio Keres are two shades of dark gray, while Bianco Monocerus is a white matte color option.

For those who are looking for something more colorful, the Lamborghini Huracan Evo Fluo Capsule comes in several rainbow shades. Currently, Lamborghini Austin has a 2021 Lamborghini Huracan Evo in stock in the Bianco Icarus color option. The dealership gets new stock every month, and drivers are encouraged to contact the dealership for more information on any model of interest.

The Lamborghini Urus Graphite Capsule has a top speed of 305 km per hour. It can accelerate from 0 to 100 km per hour in just 3.6 seconds. This powerful vehicle is perfect for drivers who like to drive fast and experience the excitement of driving a supercar. For more information on this model and other Lamborghini models, drivers can head to the Lamborghini Austin website, lamborghiniaustin.com.

Media Contact

Cathy Cassidy, Lamborghini Austin, 833 331-0322, cathy@lamborghiniaustin.com

 

SOURCE Lamborghini Austin

Costa Rica is the No.1 Retirement Destination in 2021–Internationalliving.com

BALTIMORE, Jan. 7, 2021 /PRNewswire-PRWeb/ — Costa Rica takes the top spot in InternationalLiving.com’s 2021 Annual Global Retirement Index. It topped the…

BALTIMORE, Jan. 7, 2021 /PRNewswire-PRWeb/ — Costa Rica takes the top spot in InternationalLiving.com’s 2021 Annual Global Retirement Index. It topped the healthcare category while also scoring well in the fitting in, development, visa and residency, and cost of living categories.

Earning the nickname «Switzerland of Central America,» this peace-loving democracy attracts millions of visitors and foreign residents throughout the year with its tropical climate; lower cost of living; friendly locals; affordable medical care; vast real estate options; and, of course, its natural beauty.

«Retirees that have moved to Costa Rica will tell you they are living a much healthier lifestyle than before they moved,» says Kathleen Evans, International Living Costa Rica Correspondent.

«Perhaps it’s the beautiful weather that beckons you to enjoy the outdoors. Or maybe it’s the massive selection of fresh, locally grown fruits and vegetables at your fingertips. Or it could be the strong local communities that make it really easy to forge new friendships.

«One of the things you hear often from expats is how warm and welcoming the ticos (Costa Ricans) are,» Evans says. «They are wonderful people, eager to share the magic of their culture, food, and traditions with foreigners. You will also find engaging international communities of expats who will help you through the process of acclimation.»

That’s another bonus: expats needn’t be pioneers in Costa Rica. There are well-established expat communities throughout the country. Things are «set up» so to speak, when it comes to shipping household goods, using the healthcare system, buying property, and more. And by following this well-trodden path, the transition to a new life can be much easier.

Costa Rica is a country where the older generation is treated with respect by custom. And things like head-of-line privileges at banks and government offices are inscribed in the law. But there is also a government program available to those age 65 or older that gives discounts on a variety of products and services

«Being ‘Viejo’ or old is a rite of passage, a badge of honor in Costa Rica,» says Evans. «And you will see simple things like seniors going to the front of the line—any line, enjoying special early shopping hours, free bus rides, and the Ciudando de Oro or Golden Citizen card.»

Cost of living, of course, depends on lifestyle. But in many ways Costa Rica is much more affordable than the U.S. and Canada.

«A couple can live comfortably, but not necessarily extravagantly, here for around $2,000 a month,» Evans says. «This includes renting a two-bedroom home with North American amenities, air conditioning, plus groceries, entertainment, transportation, and healthcare. If your monthly budget is closer to $2,500 to $3,000, you will find a relaxed lifestyle with every comfort you require.»

«The residency process in Costa Rica is also very straightforward,» Evans says. «For expats, there are three initial options. Choosing any of these programs, allows you to file jointly, as well as claim any dependent children under the age of 18 (up to 25-years old if enrolled in a university).»

  • The Pensionado option requires proof of $1,000 per month minimum income from a life-long pension or social security.
  • The Rentista program requires proof of $2,500 per month income for at least two years, guaranteed by a banking institution. Or you can deposit US$60,000 in an approved Costa Rican bank.
  • The third option is the Investment program. The applicant needs to prove they have invested a minimum of $200,000 in a business or property here in Costa Rica.

After three years of one of these statuses, one can apply for permanent residency (those married to a Costa Rican or have a child born in Costa Rica can apply to this category immediately).

With 97 points, Costa Rica is the highest-ranking country in the healthcare category of the Annual Global Retirement Index 2021.

«One of the reasons Costa Rica is so appealing for retirees, and expats in general, is because of the low cost, excellent healthcare options,» says Evans.

Costa Rica provides some of the best healthcare options in Latin America for its citizens and residents. The World Health Organization (WHO) places Costa Rica in the top rankings for life expectancy and the United Nations (UN) ranks the country’s public healthcare system in the top 20 worldwide.

The country has three JCI certified medical centers in the nation’s capital, San José. This is the highest worldwide accreditation which medical centers can receive based on a scale of various criteria.

The country operates in public and private systems with both regularly experiencing upgrades in equipment, new clinics, and improved training. Many of the country’s doctors work in both sectors, have studied in North America or Europe, and most in the private field speak English.

Pura Vida is a common Costa Rican phrase. Although it translates to «pure life,» this definition merely scratches the surface of a phrase deeply woven into Costa Rican culture, and used to convey anything from «hello» and «goodbye,» to «great news,» «cheers!» and countless declarations in between.

Expat Nicole Rangel, explains it in this way, «What makes Pura Vida such a check-all statement is that it translates to more than just a greeting. It is a solution, an action, and a way of life. When you approach life with a Pura Vida state of mind, you are opening yourself up to the possibilities of life beyond what you experienced before. You are sharing together in this communal acceptance that life doesn’t have to be controlled or mandated, you can make it what you want, you can have friends you never thought you would have, you experience things you never thought possible because you are opening up to a life less complicated.

«That is why so many people come to Costa Rica and find the best version of themselves—they embrace a new appreciation on life. It is just a bonus that it is in such a beautiful setting,» she continues.

While Costa Rica wins the top spot in this year’s Annual Global Retirement Index, it’s just one of 25 countries examined in 10 categories, including: Housing, Benefits and Discounts, Visas and Residence, Cost of Living, Fitting In/Entertainment, Healthcare, Development, Climate, Opportunity, and Governance.

Since 1979, InternationalLiving.com has used a widespread network of editors, correspondents, contributors, and contacts based around the world to accumulate the information, data, and insights used to prepare this Annual Global Retirement Index.

The main role of the Index is to help retirees find locations where their dollar goes further—where they can get the best value for money in terms of cost of living, housing, and overall quality of life.

International Living’s complete 2021 Annual Global Retirement Index, including more information on Costa Rica and the other nine countries that made it in to the top 10—as well as the individual rankings in all 10 categories for all 25 countries included—can be found at: The World’s Best Places to Retire in 2021.

In the wake of the violence at the U.S. Capitol in Washington, January 6, International Living’s editors report a spike in visitors to the The World’s Best Places to Retire in 2021 content on their website as well as to additional content related to how one moves out of the US, visas and residence, and second passports.

Members of the media have permission to republish the article linked above once credit is given to Internationalliving.com.

Further information, as well as interviews with expert authors for radio, TV or print, is available on request. Photos are also available.

For information about InternationalLiving.com content republishing, source material or to book an interview with one of our experts, contact Editorial Director for Web Content, Social Media, and PR, Donal Lucey, dlucey@internationalliving.com.

Instagram: https://www.instagram.com/internationalliving/
Twitter: @inliving
Facebook: https://www.facebook.com/International.Living/

About International Living

Since 1979, InternationalLiving.com has been the leading authority for anyone looking for global retirement or relocation opportunities. Through its monthly magazine and related e-letters, extensive website, podcasts, online bookstore, and events held around the world, InternationalLiving.com provides information and services to help its readers live better, travel farther, have more fun, save more money, and find better business opportunities when they expand their world beyond their own shores. InternationalLiving.com has contributors traveling the globe, investigating the best opportunities for travel, retirement, real estate, and investment.

Media Contact

Donal Lucey, www.internationalliving.com, +001 667 312 3532, dlucey@internationalliving.com

 

SOURCE InternationalLiving.com

After a Slow Start, U.S. Print Book Sales Rose 8.2 Percent in 2020, The NPD Group Says

PORT WASHINGTON, N.Y., Jan. 7, 2021 /PRNewswire-PRWeb/ — Print book sales in the United States had their best year since 2010. Growth occurred across every major supercategory, including adult non-fiction, adult fiction, juvenile, and teen categories. Unit-sales volume in 2020 rose 8.2 percent, year over year, to reach 751 million units, according to The NPD Group (<a target="_blank"…

PORT WASHINGTON, N.Y., Jan. 7, 2021 /PRNewswire-PRWeb/ — Print book sales in the United States had their best year since 2010. Growth occurred across every major supercategory, including adult non-fiction, adult fiction, juvenile, and teen categories. Unit-sales volume in 2020 rose 8.2 percent, year over year, to reach 751 million units, according to The NPD Group (http://www.npd.com).

«The U.S. consumer book market looks very different today than it did back in April,» said Kristen McLean, books industry analyst for NPD. «Sales growth came in waves, from the sudden need to educate kids at home, to the super-heated political cycle. All of the additional time people spent at home created a big appetite for reading, including huge spikes in sales of cookbooks and do-it-yourself books, which helped people stay entertained and engaged.»

Juvenile fiction comprised one-third of all U.S. books market growth

Growth in print books was led by juvenile fiction, which contributed one-third of all U.S. books market growth.
Juvenile fiction print books, the second largest category on a volume basis, increased 11 percent, selling 18 million more units in 2020 compared to 2019. Adult non-fiction print books, the largest category of books in the U.S. by both volume and sales revenue, increased 4.8 percent (14 million units), year over year, in 2020. Juvenile non-fiction grew 23 percent (14 million units).

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About NPD BookScan
NPD BookScan is the gold standard in point-of-sale tracking for the publishing market, covering approximately 85 percent of all the print books sold in the U.S. through direct reporting from all major retailers including Amazon, Barnes & Noble, Walmart, Target, independent bookstores, and many others. Each sale of the more than 13 million units tracked on a weekly basis includes geographic information making it possible to identify key markets, map regional sales trends, and index the likelihood of purchase in 200 major metro areas. NPD BookScan is also the exclusive provider of ALR data for Barnes & Noble, Target, Walmart, and Sam’s Club to U.S. publishers.

NPD PubTrack Digital offers a comprehensive view of today’s digital book market. Featuring information from more than 450 participants, including small, medium, and large U.S. publishers, this service provides unprecedented access to the top 80 percent of the traditionally published e-book market.

About The NPD Group, Inc.
NPD offers data, industry expertise, and prescriptive analytics to help our clients grow their businesses in a changing world. Over 2,000 companies worldwide rely on us to help them measure, predict, and improve performance across all channels, including brick-and-mortar, e-commerce, and B2B. We have services in 19 countries worldwide, with operations spanning the Americas, Europe, and APAC. Practice areas include apparel, appliances, automotive, beauty, books, B2B technology, consumer technology, e-commerce, fashion accessories, food consumption, foodservice, footwear, home, juvenile products, media entertainment, mobile, office supplies, retail, sports, toys, and video games. For more information, visit npd.com. Follow us on Twitter: @npdgroup.

Media Contact

Lee Graham, The NPD Group, Inc., 917-806-7902, lee@leegraham.biz

 

SOURCE The NPD Group, Inc.

Massachusetts DOT Adds All Traffic Solutions Shield Radar Speed Signs to its Qualified Traffic Control Equipment List

HERNDON, Va., Jan. 7, 2021 /PRNewswire-PRWeb/ — The Massachusetts Department of Transportation (MassDOT) has added the Shield 12 and Shield 15 radar speed signs from traffic safety and data analytics leader All Traffic Solutions to its Qualified Traffic Control…

HERNDON, Va., Jan. 7, 2021 /PRNewswire-PRWeb/ — The Massachusetts Department of Transportation (MassDOT) has added the Shield 12 and Shield 15 radar speed signs from traffic safety and data analytics leader All Traffic Solutions to its Qualified Traffic Control Equipment (QTCE) list.

The list provides guidance on traffic control devices, traffic signal components, and other roadway safety products that are approved for use on State Highway and other MassDOT projects. When evaluating products for inclusion in the list, MassDOT considers whether the product: fits a current need that exists on streets and highways within the state, meets current industry standards, offers additional benefits in comparison to products already on the list, and whether other roadway owners are satisfied with the product’s performance.

«The Massachusetts Department of Transportation – Highway Division, Qualified Traffic Control Equipment Committee has reviewed and approved All Traffic Solutions Radar Shield Signs for use on State Highway and other MassDOT Project. They will be included on the Speed Display Signs list under Section 824: Flashing Beacons, Illuminated Warning Signs and Lighted Barrier Arrows of the MassDOT Qualified Traffic Control Equipment List.» stated the Massachusetts Department of Transportation.

All Traffic Solutions products are engineered and manufactured at a State College, Pennsylvania production facility using durable materials made in the United States, in compliance with the Buy America Act and the Buy American Act. The Shield 12 and Shield 15 were awarded a certificate of calibration by an accredited third-party testing house when test results determined that the signs perform accurately in a variety of environmental conditions.

The Shield 12 and 15 signs can be used as part of traffic calming and safety strategies designed to address prevailing conditions in real time. Their portability, durability and patented TraffiCloud web-based connectivity make them ideal for resolving traffic complaints, conducting traffic surveys and very quickly generating highly detailed ready-made traffic data reports.

The Shield 12 and Shield 15 therefore not only contribute to safety improvements in the moment; they help DOTs and other agencies to better understand how their road networks operate and to plan how to improve conditions and save even more lives into the future.

All Traffic Solutions is proud to be a partner with MassDOT to help support their transportation projects and goals of the Commonwealth.

«We are proud to be added to MassDOT’s Qualified Traffic Control Equipment List,» says All Traffic Solutions CEO Andy Souders. «MassDOT’s inclusion of our product underlines the quality, performance, durability, and value of our products. We appreciate their leadership in moving towards realizing Vision Zero – the eradication of road casualties caused by speeding and unsafe driving.»

About All Traffic Solutions
All Traffic Solutions (ATS) is a leader in traffic safety and data analytics for Intelligent Transportation System (ITS) and smart parking applications. We help law enforcement, municipal agencies and commercial organizations use data and cloud-supported devices such as web-enabled radar speed displays, conditional messaging technology, and lidar technology to calm traffic, optimize parking availability, share notifications, and improve traffic safety— while maximizing resources and budget. All Traffic Solutions products are made in the USA at a production facility located in State College, PA. For more information, visit http://www.alltrafficsolutions.com.

Media Contact

Gisel Zurita, All Traffic Solutions, 571-321-5447, gzurita@alltrafficsolutions.com

 

SOURCE All Traffic Solutions

U.S. Investment Sanctions on Chinese Military-Linked Companies (Executive Order 13959)

PHILADELPHIA, Jan. 7, 2021 /PRNewswire/ —

PHILADELPHIA, Jan. 7, 2021 /PRNewswire/ —

Background

On November 12, 2020, U.S. President Donald Trump issued Executive Order 13959 (the «Executive Order»), which prohibits U.S. Persons from purchasing «publicly traded securities» of 35 Chinese companies identified as Communist Chinese Military Companies («CCMCs») or engaging in any transaction in «any securities that are derivative of, or are designed to provide investment exposure to» prohibited CCMC securities. Under the Executive Order, U.S. Persons cannot make purchases of CCMC securities effective January 11, 2021 and have until November 11, 2021 to divest from these securities.

On December 28, 2020, the U.S. Treasury Department’s Office of Foreign Assets Control («OFAC») issued requirements regarding restrictions and processes in connection with the Executive Order.

OFAC’s guidance restricts U.S. Persons from investing in securities in any foreign or U.S. fund, including registered funds that hold publicly traded securities of a CCMC. OFAC also confirmed that the prohibitions on CCMC securities do not apply to securities of subsidiaries unless and until the subsidiary is listed by OFAC, in which case the prohibitions will take effect 60 days after the subsidiary is listed by OFAC.

Aberdeen Standard Investments («ASI»)

To ensure compliance with requirements of the Executive Order, Aberdeen Standard Investments («ASI») can confirm that none of our U.S.-domiciled funds, including our U.S. registered funds*, hold any sanctioned CCMC securities or are in the process of divesting from these positions in accordance with OFAC’s requirements and timelines. In the limited instances where divestment is required under the Executive Order, the exposure to CCMC securities does not represent a significant portion of the portfolio (no more than 3%).

ASI’s sanctions compliance framework has been amended to comply with the requirements of the Executive Order via our screening processes, pre-and post-trade guidelines, and oversight procedures in connection with investment and client activity. ASI will continue to monitor and ensure the procedures and controls for our sanctions compliance program addresses updates to the CCMC list and additional actions required in connection with the Executive Order.

If you have any questions or further information is required, please contact ASI’s Investor Relations team or your designated Business Development Manager or Client Service Associate.

* Aberdeen Standard Investments U.S. Registered Funds

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Aberdeen Asia-Pacific Income Fund, Inc. (FAX)

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Aberdeen Standard Investments
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In the United States, Aberdeen Standard Investments («ASI») is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited. Member of the Standard Life Aberdeen Group of Companies.

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SOURCE Aberdeen Standard Investments Inc.

Loanpal Closes Securitization of $474 Million of Residential Solar Loans

SAN FRANCISCO, Jan. 7, 2021 /PRNewswire/ — Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC («LPSLT 2021-1») have closed a…

SAN FRANCISCO, Jan. 7, 2021 /PRNewswire/ — Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC («LPSLT 2021-1») have closed a securitization of approximately $474 million worth of Loanpal solar loans previously purchased by Goldman Sachs Lending Partners LLC, Blackstone Credit, Davidson Kempner Capital Management LP, funds managed by CarVal Investors, Credigy and GoodFinch. This transaction confirms the increased demand in the marketplace for high-quality ESG assets and represents the fourth securitization since the beginning 2020 for loans generated on the Loanpal platform, totaling over $1.4 billion during this time period.

 

«We’re excited to begin 2021 with another record-breaking residential solar loan securitization and are looking forward to our continued growth this year across the entire $100+ billion sustainable home improvement market,» said Loanpal President and Chief Investment Officer Tanguy Serra.  «Investor demand is incredibly strong for these high-quality assets as the combination of excellent payment performance and attractive yields are driving new buyers into the clean-energy marketplace.»

«We’re excited to begin 2021 with another record-breaking residential solar loan securitization and are looking forward to our continued growth this year across the entire $100+ billion sustainable home improvement market,» said Loanpal President and Chief Investment Officer Tanguy Serra.  «Investor demand is incredibly strong for these high-quality assets as the combination of excellent payment performance and attractive yields are driving new buyers into the clean-energy marketplace.»

Loanpal leverages its deep expertise in technology, data and lending to make sustainable home improvement products more accessible for homeowners who are looking to have a positive impact on the planet.  Loanpal’s proprietary technology platform is accessed by more than 12,000 sales professionals at the point-of-sale, creating a highly efficient, super-prime channel for financial institutions to deploy their capital in ESG assets.  Loanpal works with credit unions, insurance companies, banks and asset managers and has provided approximately $5 billion of solar loans and other home efficiency loans through its platform since 2018, empowering over 175,000 families to date to take steps that reduce their carbon footprint. 

This securitization, sponsored by Goldman Sachs, consists of over $430 million of notes, of which $390 million are rated by Kroll Bond Rating Agency.  The notes are modeled to a weighted average life of approximately 5.44 years, 6.48 years and 6.95 years for the Class A Notes, Class B Notes and Class C Notes, respectively, and are backed by an initial collateral pool of approximately $474 million of loans with an average FICO score of 742.

«As homeowners continue to adopt clean-energy products, access to efficient capital is central to supporting growth in the market. Loanpal continues to be a leader in the sustainable home improvement market and we are excited to be part of a transaction that will help evolve the financing of residential solar products,» said Katrina Niehaus, Managing Director at Goldman Sachs.

About Loanpal

Loanpal is the nation’s leading technology platform for the $100+ billion sustainable home improvement market. The company is committed to delivering a tech-enabled lending experience that is simple, fast and frictionless, resulting in instant approvals at the point of sale. Loanpal’s technology is utilized by over 12,000 sales professionals to deploy approximately $400 million a month in solar and other sustainable home improvement products.  Loanpal has transacted over $5 billion on its platform since its launch in 2018.  Loanpal is a proud partner of GivePower, a 501(c)(3) corporation, whose mission is to build and deploy solar-powered clean water and energy systems to communities in need around the world.  To learn more about Loanpal, visit, follow and connect with us at www.loanpal.com, @loanpal, and Linkedin.

Contact
press@loanpal.com

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SOURCE Loanpal

Spas of America Unveils Top 100 Spas of 2020

NEW YORK, Jan. 7, 2021 /PRNewswire-PRWeb/ — While North American travelers haven’t been able to travel as much as they would like, it hasn’t stopped them from looking according to Spas of America’s Top 100 Spas of 2020. The spa and wellness travel website cited Country, Mountain and Mineral Spas as the most popular spa searches, with the most popular destination for the 2nd year in a row going to the fresh air, fitness and hiking-influenced Red Mountain Resort in St. George,…

NEW YORK, Jan. 7, 2021 /PRNewswire-PRWeb/ — While North American travelers haven’t been able to travel as much as they would like, it hasn’t stopped them from looking according to Spas of America’s Top 100 Spas of 2020. The spa and wellness travel website cited Country, Mountain and Mineral Spas as the most popular spa searches, with the most popular destination for the 2nd year in a row going to the fresh air, fitness and hiking-influenced Red Mountain Resort in St. George, Utah.

The annual award provides insight into consumers’ favorite spas of the year, based on unique page views and consumer choices on https://www.spasofamerica.com.

The Top 100 Spas of 2020 list includes 74 spas from the United States, 19 spas from Canada, three from Mexico, and one each from Barbados, The Bahamas, Jamaica and the U.S. Virgin Islands.

The most popular spa experience was Country with 22, followed by Mountain at 17, the health benefits of natural Mineral Hot Springs had 13, City had 11 spas, followed by Beach at 10, Casino had nine, Ocean had seven, Health six, Desert with four and Wine with one.

«The North American spa and wellness industry was devastated by the events of the past year,» says Spas of America president Craig Oliver. «Many spas have been forced to close, reduce staff, and operate at a reduced capacity. On the bright side we are seeing strong interest from consumers who are searching for relaxation, mental health, wellness and escape. We have no doubt North American spas will rise to meet this challenge in the year ahead.»

«We are excited to learn about achieving Spas of America’s No. 1 spa for 2020,» says Tracey Welsh, general manager of Red Mountain Resort. «Our team has strived hard to create personal experiences for our guests and inspire wellness through adventure at our beautiful Southwestern Utah resort. We look forward to welcoming guests to our unique fitness and hiking experience in beautiful St. George, Utah

Spas of America’s Top 100 Spas of 2020

1.    Red Mountain Resort, St. George, Utah
2.    Elora Mill Hotel & Spa, Elora, Ontario
3.    Aspira Spa, The Osthoff Resort, Elkhart Lake, Wisconsin
4.    The Spa at Ross Bridge, Birmingham, Alabama
5.    Spa Shiki at the Lodge of Four Seasons, Lake Ozark, Missouri
6.    The Spa at The Wentworth, New Castle, New Hampshire
7.    Crystal Spa, Crystal Mountain Resort & Spa, Thompsonville, Michigan
8.    Feathers Spa at The Peabody Hotel Memphis, Memphis, Tennessee
9.    Skaná, The Spa at Turning Stone Resort, Verona, New York
10.    Grotto Spa, Tigh-Na-Mara Spa Resort, Parksville, British Columbia
11.    Spa at Grand National, Auburn Marriott Opelika Resort & Spa at Grand National, Opelika, Alabama
12.    The Spa at the Joule, Dallas, Texas
13.    Remède Spa, St. Regis, Mexico City, Mexico
14.    The Spa at White Oaks Resort, Niagara-on-the-Lake, Ontario
15.    Carillon Miami Wellness Resort, Miami Beach, Florida
16.    eforea Spa, Hilton Sedona Resort Bell Rock, Sedona, Arizona
17.    The Lodge at Woodloch, Hawley, Pennsylvania
18.    The Sunstone Spa at Agua Caliente, Rancho Mirage, California
19.    The Greenbrier Spa, White Sulphur Springs, West Virginia
20.    Soul Spa, The Westin Jackson, Jackson, Mississippi
21.    New Life Hiking Spa, Killington, Vermont
22.    The Spa at Beau Rivage, Biloxi, Mississippi
23.    Pala Spa, Pala Casino Spa & Resort, Pala, California
24.    Trillium Spa at Seven Springs Mountain Resort, Champion, Pennsylvania
25.    The Spa at The Omni Homestead, Hot Springs, Virginia
26.    Aarna Spa, Pasea Hotel & Spa, Huntington Beach, California
27.    Miraj Hammam Toronto, Shangri-La Toronto, Ontario
28.    Lake George Spa, Sagamore Resort & Spa, Bolton Landing, New York
29.    Scandinave Spa Blue Mountain, Blue Mountains, Ontario
30.    The Spa at The Shoals, Florence, Alabama
31.    Roosevelt Baths & Spa at Gideon Putnam Resort, Saratoga Springs, New York
32.    Springs Eternal Spa, Omni Bedford Springs, Bedford, Pennsylvania
33.    The Spa at Whiteface Lodge, Lake Placid, New York
34.    Remède Spa, St. Regis, Atlanta, Georgia
35.    Two Bunch Palms Resort, Desert Hot Springs, California
36.    Remède Spa, St. Regis, Aspen, Colorado
37.    Immerse Spa, MGM Grand Detroit, Detroit, Michigan
38.    The Spa at The Peaks Resort, Telluride, Colorado
39.    The Spa at Sun Valley Resort, Sun Valley, Idaho
40.    Boathouse Spa and Baths, Oak Bay Beach Hotel, Victoria, British Columbia
41.    The Millcroft Inn & Spa, Alton, Ontario
42.    Amina Spa, Sahara Las Vegas, Las Vegas, Nevada
43.    Willow Stream Spa, Fairmont Pacific Rim, Vancouver, British Columbia
44.    The Spa at Stein Eriksen Lodge, Park City, Utah
45.    The Spa at French Lick, French Lick, Indiana
46.    SpaTerre, The Josie Hotel, Rossland, British Columbia
47.    Deerfield Health Retreat & Spa, East Stroudsburg, Pennsylvania
48.    Spa Walden, Walden Inn & Spa, Walden, Ohio
49.    Spa Eastman, Eastman, Quebec
50.    Turtle Cove Spa, Mountain Harbor Resort, Mount Ida, Arkansas
51.    The Spa at Fairmont Jasper Park Lodge, Jasper, Alberta
52.    Stillwater Spa, Hyatt Regency Lake Tahoe Resort, Incline Village, Nevada
53.    Dunton Hot Springs, Dolores, Colorado
54.    Pacific Mist Spa, Kingfisher Oceanside Resort & Spa, Courtenay, British Columbia
55.    The Sanctuary Spa, Sanctuary on Camelback Mountain, Paradise Valley, Arizona
56.    Relache Spa Gaylord Texan, Grapevine, Texas
57.    Solace Spa & Salon, Big Sky Resort, Big Sky, Montana
58.    Drift Spa, Black Rock Oceanfront Resort, Ucluelet, British Columbia
59.    The Spa at Old Edwards Inn, Highland, North Carolina
60.    100 Fountain Spa at Pillar and Post, Niagara-on-the-Lake, Ontario
61.    Glacial Waters Spa at Grand View Lodge, Nisswa, Minnesota
62.    Exhale Spa Ocean Resort Casino, Atlantic City, New Jersey
63.    SpaTerre Teton Mountain Lodge, Teton Village, Wyoming
64.    Ojo Santa Fe Resort, Santa Fe, New Mexico
65.    ESPA at Baha Mar, Nassau, The Bahamas
66.    Jasha Spa, JW Marriott Las Cabos Beach Resort & Spa, San Jose Del Cabo, Mexico
67.    Arlington Resort Hotel & Spa, Hot Springs, Arkansas
68.    The Spa at Ritz Carlton, St. Thomas, U.S. Virgin Islands
69.    Ste. Anne’s Spa, Grafton, Ontario
70.    Bamford Haybarn Spa, 1 Hotel, Brooklyn, New York
71.    The Spa at Wine & Roses, Lodi, California
72.    The Spa at Camelback Inn, JW Marriott Scottsdale Camelback Inn Resort & Spa, Scottsdale, Arizona
73.    The Spa at Fairmont Chateau Lake Louise, Lake Louise, Alberta
74.    Spa La Vie at Paragon Casino Resort, Marksville, Louisiana
75.    The Spa at Sea Island, Sea Island, Georgia
76.    Health Club & Spa at Fairmont Pittsburgh, Pennsylvania
77.    eforea Spa Hilton Barbados Resort, Bridgetown, Barbados
78.    The Spa at Spruce Peak, Stowe, Vermont
79.    Manitou Springs Resort & Mineral Spa, Manitou Beach, Saskatchewan
80.    Healing Waters Spa, Saratoga Resort and Spa, Saratoga, Wyoming
81.    Sole’renity Spa at the Artesian Hotel, Sulphur, Oklahoma
82.    Mtn. Laurel Spa at Stonewall Resort, Roanoke, West Virginia
83.    The Spa at Cliff House, Cape Neddick, Maine
84.    Espiritu Spa, Costa Baja Resort, La Paz, Mexico
85.    Spa Khakara, Sheraton Waikiki, Honolulu, Hawaii
86.    The Spa at Saddlebrook, Chapel, Florida
87.    Sycamore Mineral Springs Resort, San Luis Obispo, California
88.    Miraj Hammam Spa, Vancouver, British Columbia
89.    Jewel Grande Resort & Spa, Montego Bay, Jamaica
90.    Guerlain Spa at Hotel X Toronto, Toronto, Ontario
91.    Woodlands Spa Nemacolin Woodlands Resort, Farmington, Pennsylvania
92.    Vanderbilt Spa, Auberge Resorts Collection, Newport, Rhode Island
93.    Tree Spa at Hidden Pond, Kennebunkport, Maine
94.    Moccasin Springs Natural Mineral Spa, Hot Springs, South Dakota
95.    The Bridge House Spa at Twin Farms, Barnard, Vermont
96.    The Ritz Carlton Spa, Bachelor Gulch Spa, Avon, Colorado
97.    Kohala Spa at Hilton Waikoloa Village, Waikoloa, Hawaii
98.    Mirbeau Inn & Spa Rhinebeck, Rhinebeck, New York
99.    Ciel Spa at SLS Lux Brickell, Miami, Florida
100.    The Spa at Four Seasons Resort Scottsdale at Troon North in Scottsdale, Arizona

Source: Google Analytics, January 1–December 31, 2020. Rankings are determined by unique page views of global spa and wellness travel consumers who visit Spas of America throughout the year. The Top 100 Spas of 2020 comprises the top 10% of all spa listings on https://www.spasofamerica.com.
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Media Contact

Craig Oliver, Spas of America, +1 (888) 688-7727, media@spasofamerica.com

Twitter, Facebook

 

SOURCE Spas of America