GET HCM
magazine
Sign up for the FREE digital edition of HCM magazine and also get the HCM ezine and breaking news email alerts.
Not right now, thanksclose this window
Ineos Hygienics
Ineos Hygienics
Ineos Hygienics
Follow Health Club Management on Twitter Like Health Club Management on Facebook Join the discussion with Health Club Management on LinkedIn Follow Health Club Management on Instagram
UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Equinox chair, Harvey Spevak, has created a COVID-19 reopening taskforce with medical experts – epidemiologists

We've been working on our re-opening strategy and we've created a task force to work on a comprehensive plan
– Harvey Spevak (speaking on CNBC)

High-end fitness operator Equinox will not rush to reopen its clubs and studios, even if given permission by authorities to do so, according to executive chair Harvey Spevak.

Speaking to CNBC, Spevak said the company has adopted a "wait-and-see" approach to doing its best to ensure all reopenings happen in a safe and measured way.

He also revealed that the company – whose portfolio includes more than 100 properties across the Equinox, Soul Cycle, PURE Yoga and Blink Fitness brands – has created a special taskforce to oversee its relaunch strategy, saying: "We've been working on our re-opening plan and we've created a task force to work on a comprehensive strategy.

"It will be supported by our own team of medical experts – some of who are the foremost specialists in infectious disease and epidemiology.

"We're dealing with a global pandemic," said Spevak, "but it's really a localised issue. As we look to reopen, our team will be working with local government officials to determine what's best.

"For example, in the state of Georgia, US, where we're permitted to reopen, we've chosen not to. While we're eager to reopen – and a lot of our members are eager to come back – we have a responsibility to maintain our high standards and not rush to reopen.

Spevak said Equinox had done a survey of members and found that 74 per cent of them wanted to come back on reopening.

"Therefore, we're taking a wait-and-see approach in all of the cities we operate in – whether in the US, Canada or the UK.

"We need to create confidence with our customers and for them to feel it's OK to come into our clubs and studios."

Spevak, who rarely speaks to the media, also offered insights into how the company is focusing on keeping hold of "its lifeblood" – its workforce.

"When the closures began, we first and foremost focused on protecting our employees," Spevak said.

"Between 60 and 65 per cent of our staff are still on the payroll. That includes our group fitness instructors and personal trainers.

"For the first couple of weeks of the closure, in March, we paid everyone in full and said we'd keep everyone on healthcare coverage throughout the pandemic.

"Starting from April, we went to a slightly reduced compensation, in order for us to keep as many employees as possible on the payroll.

"In doing so, we took a different approach to most of the industry. I don't think there's anyone else out there who has done this. But it's been hugely important to who we are and our future success."

Equinox is not paying rent according to Spevak. He said "Most landlords agree with taking care of people rather than paying rent - we're working with them to decide what to do about the rent issue."

Equinox is owned by a group of investors – including Spevak as well as principals of real estate firm The Related Companies. Some of its clubs are in Related developments, such as Hudson Yards in New York City, putting it in a different position from most other operators,

To watch Harvey Spevak's interview on CNBC's Youtube channel, click here.

For more about CNBC's Squawk on the Street, click here.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
High-end fitness operator Equinox will not rush to reopen its clubs and studios even if given permission by authorities to do so, according to executive chair Harvey Spevak.
PTS,HAF,FIT,IND
2020/THUMB345386_222956_391194.jpg
Latest News
Health clubs and gyms will be able to open their doors to individual training sessions ...
Latest News
As health clubs and gyms reopen following lockdowns, it is "absolutely crucial" operators take a ...
Latest News
IHRSA and Fitness Brasil say they have signed a partnership agreement that will see the ...
Latest News
EuropeActive has joined the All Policies for a Healthy Europe (APHE) initiative, as part of ...
Latest News
Lack of exercise is a major cause of death from COVID-19, according to new research, ...
Latest News
World Leisure Organization (WLO) has opened the entry process for its International Innovation Prize. Now ...
Latest News
Health clubs, leisure centres and studios in England have opened today (12 April) for the ...
Latest News
A major new initiative will look to strengthen and unite the fitness industry's voice in ...
HCM Magazine
Facilities
Changing rooms have been largely closed during the pandemic, but as clubs open up, how will ongoing pandemic restrictions impact changing room design? We ask the experts for their observations and reflections
HCM Magazine
Sponsored
Tad Chapman from Active IQ argues that operators should take a fresh look at apprenticeships and their power to drive recovery
HCM Magazine
Wellness
The team manager of Mahindra Racing talks to Kate Cracknell about creating a new corporate culture in a competitive world – one that places employee wellbeing first
HCM Magazine
Promotion
Goji’s virus-killing air purification system is the future of air purification for gyms, says Greg Whyte
HCM Magazine
Sponsored
Denbighshire Leisure is creating a range of new and unforgettable member experiences. MD, Jamie Groves, explains how a partnership with Technogym and Alliance Leisure has led to the creation of a raft of new offerings
HCM Magazine
Editor's letter
As health clubs around the world start reopening, controlling COVID-19 – while also delivering a great service to customers – must be an obsession for everyone in the sector
HCM Magazine
Management
Katie Lewis and Lindsey Simpson co-founded Workplace Mental Wealth to drive workforce change in the health and fitness industry. Liz Terry talks to Lewis about their first research study – the Fitness and Active Leisure Workforce State of Mind Survey – and the launch of The Good Work Pledge
HCM Magazine
HCM magazine
A new tracking tool, called Moving Communities, will assess the impact of the UK’s £100m National Leisure Recovery Fund, as well as evaluating the contribution public sector facilities make to their local communities, as HCM reports
HCM magazine
HCM People

Colin Grant

CEO, Pure Group
Meticulous tracing and reporting of cases show, time and time again, that fitness centres and yoga studios are some of the safest places on the planet
HCM magazine
Children with better cardiorespiratory health than their peers also do better on cognitive tests and other measures of brain function, according to new research
Featured supplier news
Featured supplier news: Forget the ‘Netflix effect’ – it’s all about the ‘iFit effect’ to boost member retention
Addiction – a word laden with negativity. But isn’t that exactly what the fitness industry wants? For members to be addicted (in a healthy way) to exercise – not just to increase profits but, most importantly, so they can live happier, healthier and longer lives.
Featured supplier news
Featured supplier news: Cryotherapy specialists, L&R Kältetechnik, launch new artofcryo.com division
L&R Kältetechnik has launched a new division, named artofcryo.com, after 30 years’ experience with -110 °C electrical solutions.
Company profiles
Company profile: Les Mills UK
For over 50 years Les Mills has been leading the way in fitness to inspire ...
Company profiles
Company profile: Crown Sports Lockers
Crown Sports Lockers has designed, crafted and fitted bespoke timber furniture for spas, hotels and ...
Supplier Showcases
Supplier showcase - Fisikal
Catalogue Gallery
Click on a catalogue to view it online
Directory
Red Light Therapy
 Red Light Rising: Red Light Therapy
Trade associations
International SPA Association - iSPA: Trade associations
Lockers/interior design
Fitlockers: Lockers/interior design
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Wearable technology solutions
MyZone: Wearable technology solutions
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Uniforms
Service Sport: Uniforms
Skincare
Comfort Zone - Davines S.p.A: Skincare
Fitness equipment
Precor: Fitness equipment
Property & Tenders
Hillingdon
Hillingdon Borough Council
Property & Tenders
Diary dates
12 Jun 2021
Worldwide, Various,
Diary dates
13-14 Jun 2021
Online,
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
01-04 Jul 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
04-07 Nov 2021
Exhibition Centre , Cologne, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

Equinox chair, Harvey Spevak, has created a COVID-19 reopening taskforce with medical experts – epidemiologists

We've been working on our re-opening strategy and we've created a task force to work on a comprehensive plan
– Harvey Spevak (speaking on CNBC)

High-end fitness operator Equinox will not rush to reopen its clubs and studios, even if given permission by authorities to do so, according to executive chair Harvey Spevak.

Speaking to CNBC, Spevak said the company has adopted a "wait-and-see" approach to doing its best to ensure all reopenings happen in a safe and measured way.

He also revealed that the company – whose portfolio includes more than 100 properties across the Equinox, Soul Cycle, PURE Yoga and Blink Fitness brands – has created a special taskforce to oversee its relaunch strategy, saying: "We've been working on our re-opening plan and we've created a task force to work on a comprehensive strategy.

"It will be supported by our own team of medical experts – some of who are the foremost specialists in infectious disease and epidemiology.

"We're dealing with a global pandemic," said Spevak, "but it's really a localised issue. As we look to reopen, our team will be working with local government officials to determine what's best.

"For example, in the state of Georgia, US, where we're permitted to reopen, we've chosen not to. While we're eager to reopen – and a lot of our members are eager to come back – we have a responsibility to maintain our high standards and not rush to reopen.

Spevak said Equinox had done a survey of members and found that 74 per cent of them wanted to come back on reopening.

"Therefore, we're taking a wait-and-see approach in all of the cities we operate in – whether in the US, Canada or the UK.

"We need to create confidence with our customers and for them to feel it's OK to come into our clubs and studios."

Spevak, who rarely speaks to the media, also offered insights into how the company is focusing on keeping hold of "its lifeblood" – its workforce.

"When the closures began, we first and foremost focused on protecting our employees," Spevak said.

"Between 60 and 65 per cent of our staff are still on the payroll. That includes our group fitness instructors and personal trainers.

"For the first couple of weeks of the closure, in March, we paid everyone in full and said we'd keep everyone on healthcare coverage throughout the pandemic.

"Starting from April, we went to a slightly reduced compensation, in order for us to keep as many employees as possible on the payroll.

"In doing so, we took a different approach to most of the industry. I don't think there's anyone else out there who has done this. But it's been hugely important to who we are and our future success."

Equinox is not paying rent according to Spevak. He said "Most landlords agree with taking care of people rather than paying rent - we're working with them to decide what to do about the rent issue."

Equinox is owned by a group of investors – including Spevak as well as principals of real estate firm The Related Companies. Some of its clubs are in Related developments, such as Hudson Yards in New York City, putting it in a different position from most other operators,

To watch Harvey Spevak's interview on CNBC's Youtube channel, click here.

For more about CNBC's Squawk on the Street, click here.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
High-end fitness operator Equinox will not rush to reopen its clubs and studios even if given permission by authorities to do so, according to executive chair Harvey Spevak.
PTS,HAF,FIT,IND
2020/THUMB345386_222956_391194.jpg

News

Health clubs and gyms will be able to open their doors to individual training sessions
As health clubs and gyms reopen following lockdowns, it is "absolutely crucial" operators take a
IHRSA and Fitness Brasil say they have signed a partnership agreement that will see the
EuropeActive has joined the All Policies for a Healthy Europe (APHE) initiative, as part of
Lack of exercise is a major cause of death from COVID-19, according to new research,
World Leisure Organization (WLO) has opened the entry process for its International Innovation Prize. Now
fibodo Limited
fibodo Limited
Red light therapy equipment supplier, Red Light Rising has partnered with Aidan Robinson of ITRM
Health clubs, leisure centres and studios in England have opened today (12 April) for the
A major new initiative will look to strengthen and unite the fitness industry's voice in
A parliamentary report is calling for a £3bn intervention fund to build back better health
Leisure centre operator Everyone Active has formed a partnership with WW (formerly called Weight Watchers),
Adults suffering from chronic pain should be advised to take exercise, rather than be prescribed
As health clubs and fitness studios in England are counting the hours down to reopening
Safe Space Lockers
Safe Space Lockers
Precor has launched a mobile app to accompany its popular networked fitness solution, Preva, which
Empowered Brands, the franchise investment business that acquired énergie Fitness out of a CVA in
John Treharne, founder of The Gym Group, and Jana Havrdová, president of the Czech Chamber
Questex, owner of industry buyer event, Sibec EU, has announced it will partner with FIBO
Les Mills has come up with an ingenious solution to get around the pandemic travel
At-home fitness giant Peloton has officially completed the acquisition of equipment provider Precor, in a
There is growing evidence that a COVID-19 infection could trigger diabetes in some patients. One
Global Wellness Summit
Global Wellness Summit
Pulse Fitness has recently completed a refurbishment of the fitness facilities at iGym London. Using
Danish health club operator Repeat, launched in 2016 by serial fitness entrepreneur Rasmus Ingerslev, has
The UK government has launched a new Office for Health Promotion, designed to lead efforts
Miha Bodytec GmbH
Miha Bodytec GmbH
1 - 20 of 11,852
HCM Magazine
Facilities
Changing rooms have been largely closed during the pandemic, but as clubs open up, how will ongoing pandemic restrictions impact changing room design? We ask the experts for their observations and reflections
HCM Magazine
Sponsored
Tad Chapman from Active IQ argues that operators should take a fresh look at apprenticeships and their power to drive recovery
HCM Magazine
Wellness
The team manager of Mahindra Racing talks to Kate Cracknell about creating a new corporate culture in a competitive world – one that places employee wellbeing first
HCM Magazine
Promotion
Goji’s virus-killing air purification system is the future of air purification for gyms, says Greg Whyte
HCM Magazine
Sponsored
Denbighshire Leisure is creating a range of new and unforgettable member experiences. MD, Jamie Groves, explains how a partnership with Technogym and Alliance Leisure has led to the creation of a raft of new offerings
HCM Magazine
Editor's letter
As health clubs around the world start reopening, controlling COVID-19 – while also delivering a great service to customers – must be an obsession for everyone in the sector
HCM Magazine
Management
Katie Lewis and Lindsey Simpson co-founded Workplace Mental Wealth to drive workforce change in the health and fitness industry. Liz Terry talks to Lewis about their first research study – the Fitness and Active Leisure Workforce State of Mind Survey – and the launch of The Good Work Pledge
HCM Magazine
HCM magazine
A new tracking tool, called Moving Communities, will assess the impact of the UK’s £100m National Leisure Recovery Fund, as well as evaluating the contribution public sector facilities make to their local communities, as HCM reports
HCM magazine
HCM People

Colin Grant

CEO, Pure Group
Meticulous tracing and reporting of cases show, time and time again, that fitness centres and yoga studios are some of the safest places on the planet
HCM magazine
Children with better cardiorespiratory health than their peers also do better on cognitive tests and other measures of brain function, according to new research
HCM magazine
Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
HCM magazine
Policing the rules, even if it means losing members, will be crucial to building trust as health clubs reopen, Paul Roberts tells Kath Hudson
HCM magazine
We want to build centralised places for wellness and have the benefit of all the brands coming together
HCM magazine
Hussle’s new Membership Conversion Service proactively turns Hussle customers into direct club members, encouraging them to join clubs they attend regularly
HCM magazine
New tax laws will hit the UK fitness sector in early April, changing the way freelance PTs are legally classified for income tax and national insurance, as Abi Harris reports
HCM magazine
One of the best aspects of Studio Three is our loyal membership community. Our team has really come to know our members and where they are in their wellness journey
HCM magazine
Featured supplier news
Featured supplier news: Forget the ‘Netflix effect’ – it’s all about the ‘iFit effect’ to boost member retention
Addiction – a word laden with negativity. But isn’t that exactly what the fitness industry wants? For members to be addicted (in a healthy way) to exercise – not just to increase profits but, most importantly, so they can live happier, healthier and longer lives.
Featured supplier news
Featured supplier news: Cryotherapy specialists, L&R Kältetechnik, launch new artofcryo.com division
L&R Kältetechnik has launched a new division, named artofcryo.com, after 30 years’ experience with -110 °C electrical solutions.
Company profiles
Company profile: Les Mills UK
For over 50 years Les Mills has been leading the way in fitness to inspire ...
Company profiles
Company profile: Crown Sports Lockers
Crown Sports Lockers has designed, crafted and fitted bespoke timber furniture for spas, hotels and ...
Supplier Showcases
Supplier showcase - Fisikal
Catalogue Gallery
Click on a catalogue to view it online
Directory
Red Light Therapy
 Red Light Rising: Red Light Therapy
Trade associations
International SPA Association - iSPA: Trade associations
Lockers/interior design
Fitlockers: Lockers/interior design
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Wearable technology solutions
MyZone: Wearable technology solutions
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Uniforms
Service Sport: Uniforms
Skincare
Comfort Zone - Davines S.p.A: Skincare
Fitness equipment
Precor: Fitness equipment
Property & Tenders
Hillingdon
Hillingdon Borough Council
Property & Tenders
Diary dates
12 Jun 2021
Worldwide, Various,
Diary dates
13-14 Jun 2021
Online,
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
01-04 Jul 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
04-07 Nov 2021
Exhibition Centre , Cologne, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
Search news, features & products:
Find a supplier:
Ineos Hygienics
Ineos Hygienics