Financial news

The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in support of ... More

Planet Fitness has a new CEO – Colleen Keating. She will take up the position on 10 June. The announcement follows a search which began ... More

Social enterprise, Places Leisure, which is part of the Places for People Group, has appointed Belinda Steward as MD. Steward was previously MD at Derwent ... More

Jason Worthy has been appointed group CEO of Myzone to lead the 'next stage of growth', with current group CEO, David Stalker, stepping back to ... More

John Kersh has announced he is leaving boutique franchisor, Xponential Fitness, after eight years with the company – seven of them driving international growth across multiple ... More

Total Fitness has released results for its most recent financial year (to June 23), which saw a return to pre-COVID membership levels following a year-on-year ... More

Will Orr, CEO of The Gym Group, has revealed the company’s full-year results for 2023, along with an early trading update for 2024 and a ... More

Despite high inflation and energy costs, Basic-Fit lifted 2023 revenues by almost a third, achieved a record number of club openings and is bullish about ... More

North Herts District Council has entered into a ten-year partnership with Everyone Active to run five of its leisure centres from 1 April. The facilities ... More

Beiersdorf, the German parent company behind premium Swiss skincare brand La Prairie, has signed an agreement with Clinique La Prairie to acquire the health and ... More

Xponential Fitness has told HCM it will vigorously defend itself against claims made in a class action lawsuit being brought against the company for financial ... More

While the UK hotel sector ended 2023 on a high, new data shows this was largely driven by the luxury market with a spike in ... More

Last year set a new standard for SATS with record-high revenues, less debt and more visits, showing the policy of cost discipline and focusing on ... More

Iberian operator, Go fit, has confirmed its plans to move into the Italian market next year, following the release of strong year-end results for 2023. ... More

GOCO Hospitality is collaborating with Fullerton Fund Management (Fullerton) to invest in wellness-centric properties in the Asia-Pacific region, via the Fullerton Thai Private Equity fund. ... More

Edinburgh Leisure is not considering facility closures, despite a number of stories circulating in local media alleging venues could be closed to balance the books. ... More

Two new research reports have highlighted the impact of the UK's cost of living crisis on people's physical activity levels and there have been calls ... More

Solving the UK's social care problem is the key to overcoming the financial challenges facing public sector leisure, argues industry veteran and social change agent, ... More

HCM editor, Liz Terry, has called on the sector to step up to assist the NHS with stroke rehabilitation to avoid millions being left with ... More

Janu, the new hotel brand from luxury operator Aman, is gearing up to launch its first location this March in Tokyo. The property will feature ... More

Basic-Fit has acquired RSG Group’s Spanish portfolio of 47 clubs for €50m. RSG had signalled its intention to exit the Spanish market back in March ... More

American men are more than twice as likely as women to increase exercise frequency in order to increase libido (20 per cent vs 10 per ... More

A proposed change to the way councils organise the operation of their leisure facilities – including gyms and health clubs – could see not-for-profit leisure trusts ... More

PureGym has delivered a positive set of third quarter results, with revenues increasing to £137.7m, for the three months ending 30 September – up 15.8 ... More

Two iconic theme park operators, Cedar Fair and Six Flags, have confirmed they are merging. The two regional operators will combine to form a new ... More