Les Mills
Les Mills
Les Mills
Health Club Management

Health Club Management

Follow Health Club Management on Twitter Like Health Club Management on Facebook Follow Health Club Management on Google+ Join the discussion with Health Club Management on LinkedIn Subscribe to Health Club Management Get RSS alerts from Health Club Management magazine
Get the latest news, jobs and features in your inbox
Health Club Management

Health Club Management

News

Gym Group membership breaks 500,000 mark

Membership at The Gym Group has broken the 500,000 mark, according to the low-cost brand's latest trading update for the first five months of the year.

Total members at 31 May 2017 stood at 507,000, up 19.6 per cent against the first half of 2016, when it was 424,000 (30 June 2016). Average membership for the five months of this year was 498,000, up 18.6 per cent versus 420,000 in the six months to June 2016.

Six new gyms will have opened by the end of the first half of 2017, increasing the total estate to 95 sites. Two of the sites at Holborn Circus and Bloomsbury were bought from Fitness First UK in August 2016 and subject to a full refurbishment. The other sites are at Edinburgh Murrayfield, High Wycombe, Altrincham and Rotherham.

According to the update, the group has a further 20 sites exchanged for 2017 and 2018.

Profit for the full year is anticipated to be in line with consensus market expectations.

John Treharne, The Gym Group chief executive, said: “The group continues to trade strongly with membership increasing by nearly a fifth year on year to over 500,000. Six new gyms will have opened in the first half of the year and we are on track to meet our guidance which is towards the top end of our 15-20 range. There remains a substantial opportunity with strong fundamentals underpinning our growth and we are confident in delivering continued profitable progress."

The company announced the trading update ahead of its Capital Markets Day for institutional investors and analysts, which is being held today (Wednesday 14 June).

The group expects to announce its interim results at the end of August.

Sign up for FREE ezines & magazines
Membership at The Gym Group has broken the 500,000 mark, according to the low-cost brand's latest trading update for the first five months of the year.
HAF
The Gym Group CEO and founder John Treharne
Global Wellness Summit
Global Wellness Summit

News

Online gym pass provider PayAsUGym has secured a £6.5m investment from Albion Capital as part
Finnish private healthcare provider Pihlajalinna has announced plans to expand operations into the wellness sector,
Virtuagym, provider of a cloud-based fitness software platform and mobile apps, has secured €6m (US$7m,
Those wanting to stop the main arteries to the heart from stiffening up need to
YMCA Awards has become the UK’s first awarding organisation to achieve accreditation from the Chartered
Active Northumberland has appointed Mark Tweedie – former chief executive of Active Tameside – as
Ridgeway Furniture
Ridgeway Furniture
The UK government is encouraging businesses to get their staff more physically active, as part
Robert Gordon University (RGU) has launched a new degree aimed at helping exercise professionals "change
Woodford Leisure Centre in Hull, East Yorkshire has reopened after undergoing an 18-month, £6m redevelopment.
Leisure operator Everyone Active has been awarded two 10-year contracts to deliver services on behalf
The Chartered Institute for the Management of Sport and Physical Activity (CIMSPA) has appointed four
A huge majority – 87 per cent – of fitness professionals working in the physical
MYZONE
MYZONE
The UK fitness industry has continued to grow in size and value, with the number
Global Wellness Day – an international celebration offering a range of free health and wellness
Budget chain Xercise4Less has secured growth investment worth £42m from Swedish credit provider Proventus Capital
Global Wellness Summit
Global Wellness Summit
1 - 15 of 10,329
Features
IHRSA update
Full-time group cycling instructors are paid an average of US$26 an hour in the US
Features
New trends
David Minton goes on a US road trip and shares emerging trends and fitness roll outs
Features
People
People profile
Loughborough’s new hotel will have altitude bedrooms designed to improve performance by up to 5 per cent
People
Interview
We launched a functional training concept called Escalate, that combines non-powered cardio with metabolic conditioning, working around a grid system. We have a fantastic, fluid studio design for this – a huge, immersive space that opens out onto the gym floor
People
People profile
Our research, published in the Journal of Science and Medicine in Sport, showed certain types of exercise trigger greater fat-burning
People
Interview
We got a clean bill of health in the recent HMRC report into the minimum wage. We pride ourselves on looking after our people
People
Interview
We were inspired by what retail brands like Sweaty Betty, Lululemon and Nike were doing for women - Susan Dyson, co-founder, Hiitgirl
People
People profile
We’ll use integrated landscapes and natural materials to communicate a healthy lifestyle - Dan Meis
People
Catalogue Gallery
Click on a catalogue to view it online
Featured suppliers
Featured supplier: UFC - the ultimate in fitness equipment
Ultimate Fighting Championship (UFC) is a brand on a phenomenal growth curve.
Featured suppliers
Featured supplier: GRYPiT unveils bicep and tricep rope handles at Elevate 2018
Gym handle designers and manufacturers GRYPiT is expanding its range of cable equipment products with the release of its bicep and tricep rope handles at Elevate.
Video Gallery
Schwinn Customization
Core Health & Fitness
Schwinn Indoor Cycling Bike Customization Video. Read more
More videos:
Opinion
Opinion: Retention Academy 2018
Helping operators improve the customer experience
Company profiles
Company profile: Focus Training
Focus Training is a leading provider of Active IQ and YMCA Awards certified Personal Trainer ...
Company profiles
Company profile: Core Health & Fitness
Core Health & Fitness is the world’s fifth largest marketer and distributor of commercial fitness ...
Directory
Architects/designers
Zynk Design Consultants: Architects/designers
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Member access schemes
Move GB: Member access schemes
Software
Conceptek - Sistemas de Informacao, S.A.: Software
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Lockers
Safe Space Lockers Ltd: Lockers
Fitness equipment
Dyaco International: Fitness equipment
Spa software
SpaBooker: Spa software
Fitness assesment
MYZONE: Fitness assesment
Club management software
Brightlime: Club management software
Property & Tenders
Lee Valley
Lee Valley Regional Park Authority
Property & Tenders
Dundonald International Ice Bowl
Lisburn and Castlereagh Council
Property & Tenders
Diary dates
29 May - 02 Jun 2018
Various, Minneapolis, United States
Diary dates
09 Jun 2018
Bucks New University, High Wycombe, United Kingdom
Diary dates
Job search
Les Mills
Les Mills