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Technogym
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Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Jetts 24 Hour Fitness reports trading in south-east Asia is going to plan

Whatever was the case four months ago in terms of where you’d put your cash, frankly I think the same applies today
– Mike Lamb, CEO Jetts Asia

Mike Lamb CEO, Asia of Jetts 24 Hour Fitness, which has clubs in south-east Asia, says the company’s locations in Vietnam are trading well since reopening at the end of April.

Speaking at the Fit Summit in Singapore, Lamb said: “Our Vietnam business has reopened – with no glitches so far – and it’s trading line with expectations.”

Turning to the company’s clubs in Thailand, where the government gave the go-ahead to reopen on 1 June, Lamb said he expects Jetts’ Thai operations to recover pre-COVID trading levels “Within three to four months.”

“It’s been an extremely frustrating period, but we’re raring to go,” he said.

“I don’t want this to sound too bullish, but I genuinely feel that fitness across the world will bounce back strongly. There’s absolutely no reason why we shouldn’t.

“People will be cautious, especially those who are more cautious by nature, there’ll be a little bit of easing back to full steam, but those who want to get back to fitness will do so.”

Lamb believes all operators who’ve used cash to get through the shutdown will find it hits their development pipeline in the short term, saying “I imagine Jetts will have to adjust their opening forecasts, based on less cash available.

“It will just be a question of who’s got cash in the bank to deploy. I don’t think any market has changed in its dynamics as a result of COVID,” he said. “Whatever was the case four months ago in terms of where you’d put your cash, frankly I think the same applies today.”

Jetts is part of the Fitness & Lifestyle Group, one of Asia Pacific’s biggest health and wellness operators, with 470 locations across Australia, New Zealand and south-east Asia.

The company, which is headquartered in Australia and regional offices across south-east and east Asia, had nearly 1m members before the pandemic.

Its brands include Fitness First Australia, Goodlife Health Clubs Australia, Barry's Bootcamp Asia-Pacific, Jetts Fitness, California Fitness & Yoga, California Centuryon, Yoga Plus, UFC Gym and ERI International Clinic and Zap Fitness.

Fitness & Lifestyle Group also deliver on-demand digital health and fitness programmes through its Loup business.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Mike Lamb CEO, Asia of Jetts 24 Hour Fitness, which has clubs in south-east Asia, says the company’s locations in Vietnam are trading well since reopening at the end of April.
HAF,FIT,IND,PTS
2020/THUMB345626_901226_600189.jpg
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News

Jetts 24 Hour Fitness reports trading in south-east Asia is going to plan

Whatever was the case four months ago in terms of where you’d put your cash, frankly I think the same applies today
– Mike Lamb, CEO Jetts Asia

Mike Lamb CEO, Asia of Jetts 24 Hour Fitness, which has clubs in south-east Asia, says the company’s locations in Vietnam are trading well since reopening at the end of April.

Speaking at the Fit Summit in Singapore, Lamb said: “Our Vietnam business has reopened – with no glitches so far – and it’s trading line with expectations.”

Turning to the company’s clubs in Thailand, where the government gave the go-ahead to reopen on 1 June, Lamb said he expects Jetts’ Thai operations to recover pre-COVID trading levels “Within three to four months.”

“It’s been an extremely frustrating period, but we’re raring to go,” he said.

“I don’t want this to sound too bullish, but I genuinely feel that fitness across the world will bounce back strongly. There’s absolutely no reason why we shouldn’t.

“People will be cautious, especially those who are more cautious by nature, there’ll be a little bit of easing back to full steam, but those who want to get back to fitness will do so.”

Lamb believes all operators who’ve used cash to get through the shutdown will find it hits their development pipeline in the short term, saying “I imagine Jetts will have to adjust their opening forecasts, based on less cash available.

“It will just be a question of who’s got cash in the bank to deploy. I don’t think any market has changed in its dynamics as a result of COVID,” he said. “Whatever was the case four months ago in terms of where you’d put your cash, frankly I think the same applies today.”

Jetts is part of the Fitness & Lifestyle Group, one of Asia Pacific’s biggest health and wellness operators, with 470 locations across Australia, New Zealand and south-east Asia.

The company, which is headquartered in Australia and regional offices across south-east and east Asia, had nearly 1m members before the pandemic.

Its brands include Fitness First Australia, Goodlife Health Clubs Australia, Barry's Bootcamp Asia-Pacific, Jetts Fitness, California Fitness & Yoga, California Centuryon, Yoga Plus, UFC Gym and ERI International Clinic and Zap Fitness.

Fitness & Lifestyle Group also deliver on-demand digital health and fitness programmes through its Loup business.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Mike Lamb CEO, Asia of Jetts 24 Hour Fitness, which has clubs in south-east Asia, says the company’s locations in Vietnam are trading well since reopening at the end of April.
HAF,FIT,IND,PTS
2020/THUMB345626_901226_600189.jpg

News

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Following its announcement that grassroots sport could restart on 11 July and that gyms and
Industry body ukactive has launched an Independent Operators' Steering Group, catering for members who run
The UK's fitness industry can finally get back to business on Saturday 25 July, following
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fibodo Limited
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As Technogym launches its new virtual and on-demand services, Francesco Arlotti, head of digital solutions, shares his thoughts with HCM
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The over-70s were treated as one homogenous group during the lockdown and advised to shield. Colin Milner, founder and CEO of the International Council on Active Aging says this is leading to an increase in ageism that the industry must fight to overcome
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Debra Wein

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Ben Lucas

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We advise our Flow Athletes to complete classes at a ratio of one yoga class to one strength class to one cardio class. This combination has very positive effects
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Jo Smallwood

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Aaron Smith

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Featured supplier news
Featured supplier: EGYM presents Corona Gym Solution, for the successful re-opening of fitness studios
Finally, the time has come: fitness and health facilities around the globe are gradually resuming operations.
Featured supplier news
Featured supplier: Let's get restarted: Physical Company offers advice on keeping gym members safe
As countries around the world gear up to relax their lockdown rules, there remains a question mark over gyms and studios, which in many markets will be one of the last sectors to be given the green light.
Video Gallery
Temple Gym - Nautilus Equipment
Core Health & Fitness
Temple Gym - Nautilus Equipment Read more
More videos:
Company profiles
Company profile: Safe Space Lockers
Safe Space have over 25 years of experience in the UK leisure and fitness industry, ...
Company profiles
Company profile: fibodo Limited
fibodo is the digital solution helping people lead healthier and happier lives. From grassroots individual ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Wearable technology solutions
MyZone: Wearable technology solutions
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Management software
Fisikal: Management software
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Design consultants
Zynk Design Consultants: Design consultants
Skincare
Sothys: Skincare
Spa software
SpaBooker: Spa software
Fitness software
Go Do.Fitness: Fitness software
Property & Tenders
Greywell, Hampshire
Barnsgrove Health and Wellness Club
Property & Tenders
Derby City Council
Property & Tenders
Diary dates
21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
Diary dates
22-23 Sep 2020
Heythrop Park, United Kingdom
Diary dates
17-23 Oct 2020
Pinggu, Beijing, China
Diary dates
27-30 Oct 2020
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Diary dates
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Online,
Diary dates
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Diary dates
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