inflation news

PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to ... 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

Industry insiders have confirmed to HCM that parts of the US health and fitness sector saw a softening of demand in early 2024, but that ... 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

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

The Gym Group has announced its positive H1 trading trends have continued, with year end revenue up by 18 per cent and members by an ... 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

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

The Gym Group saw its membership grow by nearly 10 per cent in the first half of 2023, resulting in a major boost to revenues, ... More

PureGym added 190,000 new members in the first half of 2023 when compared with H1 2022, taking the total number of members across its clubs ... More

Basic-Fit experienced strong growth in clubs and members during the first six months of 2023. Reporting its H1 results, the Netherlands-based company saw its underlying ... More

The UK fitness industry's market value has reached an all-time high, despite a small drop in the number of health clubs. Figures from the annual ... More

Revenues at wellness hotels rose sharply in 2022 as demand rebounded, despite economic and geopolitical difficulties. Hotels with wellness offerings also experienced strong TRevPAR (total ... More

European fitness operators have seen a strong return to growth, with member numbers and income per club having increased every quarter since 2021. The finding ... More

Results from SATS' Q4 2022 report show that membership numbers grew to record levels in 2022, reaching 721,000 overall, including an increase of 13,000 during ... More

Xponential Fitness has signed a Master Franchise Agreement with Kuwaiti real estate company Aqarat for brands Rumble, Club Pilates, StretchLab and CycleBar. The deal will ... More

Basic-Fit is set to continue its ambitious growth and expansion plans in Europe, following a 42 per cent increase in membership since the beginning of ... More

4 Global has expanded its Data Hub (DataHub) platform into Europe. The announcement was made at the Europe Active-hosted Active Leadership Forum in Berlin. DataHub ... More

Peloton is set to axe around 800 jobs, increase the price of its equipment and close some of its retail operations as part of efforts ... More

Scandinavian fitness chain SATS has reported Q2 results showing a 53 per cent increase in revenue to NOK 1,022m (£85,591,015). The group’s also demonstrates a ... More

Hotels with wellness revenues exceeding US$1m generated 126 per cent more in total revenue per available room (TRevPAR) in 2021 than those with wellness revenues ... More

Consumers’ growing interest in exercise, health and wellness have been highlighted by changes to the UK government’s inflationary measures, with sportswear and healthy food in ... More

The Gym Group has published its full-year results for 2021 and announced plans to open 28 new sites in 2022, including three gyms acquired this ... More

The Labour Party has accused the Conservatives of slashing grassroots sport funding by nearly half since coming to power – and in the process dismantling ... More