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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

New clubs see Basic-Fit memberships jump 25 per cent in nine months

The increase in memberships was robust and increased by 108,000 in the quarter to nearly 1.5m. We remain confident to grow our network by around 100 clubs in 2017
– René Moos, chief executive of Basic-Fit

Increased memberships from club openings have helped boost revenues at Europe’s largest fitness operator, Basic-Fit.

In its Q3 trading update, the business reported that in the nine months to the end of September, membership numbers rose 25 per cent year on year, to 1.47m.

This helped revenues increase 26 per cent year on year, to €238m (US$277.7m, £211.8m) from €189m (US$220.5m, £168.2m) in 2016.

The rise in membership numbers and revenues is a result of club openings. In the first three quarters of 2017, the brand opened 78 clubs and closed four, taking its total number of sites to 493.

The majority of the net new club openings were in France (62), six in Belgium, three in the Netherlands, two in Spain and one in Luxembourg.

Commenting on the third quarter results, René Moos, Basic-Fit chief executive, said: “We had again a very strong quarter in which the number of club openings and the pipeline developed in line with the club rollout plan.

“Also, the increase in memberships was robust and increased by 108,000 in the quarter to nearly 1.5m. We remain confident to grow our network by around 100 clubs in 2017.”

Sign up for FREE ezines & magazines
Increased memberships from club openings have helped boost revenues at Europe’s largest fitness operator.
HAF
THUMB22723_417288.jpg
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News

New clubs see Basic-Fit memberships jump 25 per cent in nine months

The increase in memberships was robust and increased by 108,000 in the quarter to nearly 1.5m. We remain confident to grow our network by around 100 clubs in 2017
– René Moos, chief executive of Basic-Fit

Increased memberships from club openings have helped boost revenues at Europe’s largest fitness operator, Basic-Fit.

In its Q3 trading update, the business reported that in the nine months to the end of September, membership numbers rose 25 per cent year on year, to 1.47m.

This helped revenues increase 26 per cent year on year, to €238m (US$277.7m, £211.8m) from €189m (US$220.5m, £168.2m) in 2016.

The rise in membership numbers and revenues is a result of club openings. In the first three quarters of 2017, the brand opened 78 clubs and closed four, taking its total number of sites to 493.

The majority of the net new club openings were in France (62), six in Belgium, three in the Netherlands, two in Spain and one in Luxembourg.

Commenting on the third quarter results, René Moos, Basic-Fit chief executive, said: “We had again a very strong quarter in which the number of club openings and the pipeline developed in line with the club rollout plan.

“Also, the increase in memberships was robust and increased by 108,000 in the quarter to nearly 1.5m. We remain confident to grow our network by around 100 clubs in 2017.”

Sign up for FREE ezines & magazines
Increased memberships from club openings have helped boost revenues at Europe’s largest fitness operator.
HAF
THUMB22723_417288.jpg

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Features
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Promotional feature
Matrix Fitness is launching MX4 Active to engage the ageing and deconditioned populations. We talk to Steve Barrett, director of global group education and training, to find out more
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Now in its eighth year, Myzone has established itself as a key player in the fitness industry. We chat to Myzone's global marketing director, Gemma Bonnett-Kolakowska, about how the brand continues to develop and evolve
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Featured supplier: FunXtion makes fitness as integral to life as brushing your teeth
FunXtion delivers a complete, wrap-around exercise experience.
Featured supplier news
Featured supplier: The secrets to designing a stand-out fitness studio
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promotion
As an industry, we still underestimate the power of a truly varied fitness regime - and the growing appetite for it, especially among emerging customer segments.
Opinion: Collaboration vs aggregation - what’s the difference?
An ever-increasing number of Brits are engaging in sporting events, setting themselves goals and looking to increase their fitness levels....
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Optimum Nutrition for Health and Performance.
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More videos:
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Click on a catalogue to view it online
Directory
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Miha Bodytec GmbH: Fitness equipment
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