ASHEVILLE, N.C., Sept. 12, 2013 (GLOBE NEWSWIRE) -- INC. magazine has ranked Innovative Spa Management (ISM) no. 1063 on its seventh annual Inc. 500/5000 list, an exclusive ranking of the nation's fastest growing private companies. ISM, based in North Carolina, provides ongoing spa management as well as conceptual and strategic planning, feasibility assessments, spa consulting, and design services. The list represents a comprehensive look at one of the most important segments of the American economy, its independent entrepreneurs. ISM was ranked #1063 within the prestigious group, with a three-year growth rate of 399%.
In addition, the magazine honored ISM in two subcategories of the 5000 list: as #73 in the Top 100 Business Products and Service Companies, and #26 in the Top 100 North Carolina Companies.
"We are honored and excited to have been named to INC.'s Top 5000, and in the company of so many successful American entrepreneurs," said Ilana Craig Alberico, founding partner of ISM. "Our company continues to grow and innovate with an excellent portfolio of luxury properties. As we expand at a rapid rate, our commitment to providing unparalleled service to our clients grows as well. It our mission to ensure that each spa we manage reaches its highest potential."
In order to be included on INC. Magazine's 2013 5000 List, companies must have revenue between $1 million and $5 million. This year's list measures revenue growth between 2009 and 2012. Companies must have been founded and generating revenue by March 31, 2009, and be U.S.-based, privately held, for profit and independent(not subsidiaries or divisions of other companies) as of December 31, 2012.
Currently ISM's growing roster of spas include 15 high-profile properties such as Spa Biltmore, the Inn on Biltmore Estate; Poseidon Spas, Grand Bohemian Hotel Asheville, NC & Orlando, FL; and Ceiba de Mar Beach & Spa Resort, Puerto Morelos, Riviera Maya, Mexico, among others. Recent additions include The Living Spa at El Monte Sagrado, Taos, New Mexico and reNew, the spa at the James Royal Palm, Miami, FL.
Innovative Spa Management meets the needs of the hospitality, spa and fitness seeking turn-key solutions with the ability to differentiate their brand, while increasing value and profitability. Five-star spa management service creates a consistent guest experience driven by highly skilled spa professionals and unsurpassed spa facilities. ISM's partnership with Privai Academy facilitates the advanced training of spa professionals in massage therapy, esthetics and spa management.
ISM was founded by two dynamic industry leaders, Ilana Craig Alberico and Christina Stratton, to meet the needs of spa developers seeking turn-key solutions with the ability to differentiate their brand, and its executive team brings over 75 years of experience. ISM has worked with property developers, resorts, day spas and hospital facilities in executing a spa operation that supports the overall vision of the property and enhances the core business of the property. For more information on ISM or its clients, visit www.ismspa.com.