revenue news

The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to ... More

There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. ... More

The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in 2023, surpassing the previous ... More

Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. ... More

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

Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press European Health & ... More

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

Remedy Place, a US-based social wellness club brand, is poised for steady expansion in the coming years, with plans to open two new clubs annually ... More

Basic-Fit has signed up to trial Wellhub across its recently expanded Spanish network, giving access to subscribers and enabling them to use all 152 of ... More

Having redefined the model of public-private collaboration in Spain, Go Fit is now expanding into Italy and has ambitious plans to grow its estate, memberships ... 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

Myzone is now available on smart watches, allowing Android and AppleWatch wearers to record workouts without an additional device, and taking the tech company into ... More

Having announced its intention to open 50 low cost gyms in the next three years, with a ROIC of 30 per cent, The Gym Group ... 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

Equinox has raised US$1.8 billion in cash to refinance US$1.5 billion of maturing loans. The deal will also boost cashflow and give it a chunk ... More

Orangetheory and Self Esteem Brands have revealed plans to merge 'as equals' creating a new company with around US$3.5 billion a year in sales and ... More

In the same week as tennis legend, Andre Agassi, was appointed to the board of Life Time, the company has released strong year-end results, achieving ... More

Self Esteem Brands (SEB), owner of Anytime Fitness, has released year-end results which show year-on-year revenues up by 12.3 per cent and the launch of ... More

As Planet Fitness announces strong year-end results there are reports the company is planning a move into the Spanish market. CFO Tom Fitzgerald is also ... 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

“2024 is going to the be biggest year for Gymshark ever,” says CEO and founder, Ben Francis following the release of year-end results that were ... 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

Xponential has passed ownership of Stride Fitness – the running brand it bought in January 2019 – to Shaun Grove, president of Rumble Boxing, with no ... 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