finance news

Anna Bjurstam – who left her role as Wellness Pioneer at Six Senses Hotels and Resorts at the end of June – has launched a ... More

Europe’s largest low-cost operator, Basic-Fit, has agreed to acquire 41 Wellyou clubs in Germany for €52m. The acquisition – predominantly featuring clubs located across northern ... More

Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort ... More

London-based high-performance fitness club, ONE LDN, is raising funds for a multi-site expansion across London, the UK, and Europe over the next five years. Founded ... More

PureGym Group has announced that group chief financial officer, Alex Wood, is taking over the role of CEO, as Clive Chesser steps down. Wood has ... More

The heritage-listed Department of Lands building in Sydney, Australia, has relaunched as a major cultural and events destination, as part of a mixed-use redevelopment of ... More

The Global Wellness Summit (GWS) will host its fifth annual Wellness Real Estate and Communities Symposium in New York City, US on 12 May at ... More

Irish operator, Revolution Fitness, which has a location in Newtownabbey, NI, has opened the Revolution Lifestyle health club in Bangor, Northern Ireland. The premium health ... More

The UK fitness market is a solid investment proposition, according to a new report from OakNorth Bank. Oaknorth provided £75 million leveraged finance for Third ... More

One of the UK's  fastest-growing wellness companies, Healf, is collaborating with household  names from the worlds of fashion, dance music and sport to front its ... More

Upscale independent hotel, Arabella Hotel Sedona, in Arizona, US, will build an extensive hydrotherapy spa using a US$25 million (€23.0 million, £19.5 million) construction loan. ... More

Total Fitness has secured £15 million from its digital banking partner, OakNorth, as it prepares for the next phase of growth.  The recapitalisation refreshes existing ... More

Equinox Hotels, which has a focus on fitness, health and wellness, has announced it will operate a marina lifestyle destination called Equinox Resort Anguilla Port ... More

BodyHoliday has confirmed it is expanding the brand and developing its first European property in Portugal’s Eastern Algarve, which is set to open in 2029. ... More

Spa Well has launched a CIBTAC-endorsed course to provide spa leaders with financial and commercial skills. Spa Well is an organisation founded by Sara Young, ... More

Basic-Fit has acquired German franchise, Clever Fit, taking its estate to 2,150 clubs and making it Europe's biggest owner-operator of gyms by number of sites. ... More

Across Europe there are encouraging signs that governments are waking up to the value of exercise and the services the fitness sector provides. UK Active ... More

Third Space has unveiled further details of its 14th location, The Whiteley, which opens near Hyde Park in London on 12 December. The new club ... More

Backed by KSL Capital Partners, OakNorth has provided a £75 million leveraged finance loan to premium UK fitness and wellness operator, Third Space. OakNorth previously ... More

Mandarin Oriental will operate a boutique-style luxury hotel and spa in the South Korean market for the first time, in Seoul’s Central Business District, north ... More

Xponential Fitness has appointed finance and private equity expert, Rachel Lee, to the board of directors, to guide “thoughtful growth.” Lee, who will also serve ... More

Xponential Fitness has today announced the appointment of Mike Nuzzo as CEO, effective immediately. Mark King, who announced his retirement for health reasons in May ... More

Hotel d’Inghilterra Roma has launched its reimagined spa facilities in the centre of Rome, Italy. Part of the privately-owned Florence-based Starhotels Collection, the 92-key hotel ... More

International celebrations of wellness have proliferated this year, so we're taking a look at the ways wellbeing is being offered to the public around the ... More

Fitness, wellness and spa brand, Equinox, has been announced as the operator of a new luxury hotel in Nashville, US. This will be the the ... More